Yeah, my Dad and I have been managing a rental house here in MI for the last 10 years, and last year when we were evicting a rather sh*tty set of tenets he looked at me and said "When the house is cleaned up YOU are moving in, I'm tired of this sh*t"
I got a nice deal of $900 a month including utilities, but in that deal I still do all of the work on the house and the yard etc... Once my job situation stabilizes, we are most likely going to change over to a Land Contract agreement so it will be in my name.
In the words of my Dad "This house is yours when I die, but I'm not dead so you got to pay me"