Really John, thanks, are you a landlord? I suppose you are not as you haven't got a clue what landlords have to put up with.
As for less stressful form of investment, I bought this property as my long term retirement investment, so i did not want to rent it out, as I realised that over a long term of 20 years, it would yield 11% PA in value (averaged over 20 years) and it would be sufficient for my needs during my retirement.
So I kept it empty from 2001 until 2013, when the LA came after me for keeping it empty, actually it was not empty, as I was also using it as my 2nd home, but they wouldn't have it as my second home as it was in the same street! so they doubled my council tax, they classified it as empty, and I was still paying full council tax, but i was also renovating it at my own pace, I had no rush to complete it in one month or one year, or even in 10 years! and even now It is still not fully renovated, despite the fact that LA forced me to rent it out or they would place a CPO on it! So John I was forced to become a landlord and get licensed and comply with many of the rules and regs, most of which I have complied with but the tenants don't seem to want to know that I am now a manager and a landlord and onus is on me to make sure their behaviour is monitored regularly and that they comply with strict rules laid by LA under the licensing condition and in particular regards to overcrowding, so If I was not keeping a regular check on it, my tenants started to bring their mates to share the accommodations and would have caused me to lose my license for allowing it to be overcrowded, so now most of my tenants are against me for keeping a very tight control on their behaviour as landlords are now responsible for any anti-social behaviour by tenants, and if I do not take strict action, I will be considered a bad manager, and lose my license and the LA can place an interim order to take control of it from me. so in a way i am glad that as a licensed landlord it has given me power to fire a bad tenant.
John that is Authoritarianism! We no longer live in a democracy society, we must do as we are told, or face heavy penalties such as fines of £ 20,000 like money grows on trees.