No investment is without its bumps. Common rental property investments and real estate investing challenges include the following: 1.) Vacancy periods: Prepare for temporary dips in income with a buffer fund and competitive pricing. 2.) Tenant issues: Late payments, repairs, and disputes can test your patience. Clear communication and established policies are key. 3.) Maintenance costs: Unexpected repairs are inevitable. Factor in maintenance costs and consider DIY skills for minor fixes. Remember, challenges are learning opportunities! With planning and resourcefulness, you can navigate them smoothly.