As you build the business, work your way out of the day-to-day so you can grow your earnings and devote more time to your investments.There will always be real estate deals to be had for those willing to find them.

If that's it, you will need to devote a lot of time to training and learning to scale it up, but that also depends on your brokerage.

If you devote a cup of coffee and 30 minutes to it once a week you'll learn a lot about when they book up and when they don't etc.

Buying properties seemingly spaced ensures you are at least buying an average of the market price over a few years, can devote energy to one project at a time.

I devote a percentage of every check to this account so there is currently and I always plan to have some funds in this account.

how much time and effort are you realistically able to devote to managing a rehab from out of state?

Turnkeys aren't a flawless strategy, and the people who can devote hours of time in renovation, management and ongoing repairs can make more money than the passive Turnkey investor.A fellow BP poster Dan DiFilippo wrote…It's important to keep in mind the population here on Bigger Pockets.

These are much easier to manage (and are taxed at a lower rate) than properties renting for less than 30 days.While I have helped several BP members buy and sell Airbnb properties in Scottsdale, those require constant management and are best for owner/operators who have the time to devote to them.

I know for a fact that the Single Family Rental market here is starved of good SFHs rentals and they go like hot cakes when one comes on the market.In terms of Property Management - I would agree with the other comments above - finding a good PM is probably necessary unless you want to establish your own team down here which people do do - it just depends on how much time you want to devote to it...

My main fear is buying a second job as I work full time currently - I don't mind devoting nights and weekends to build the business but as passive as possible while getting 15%+ COC ROI is the vision.