They are not well suited for a novice.You may see auction results that look appealing, but you don't consider things likea.

If structured well, this can be a great way to get started without much cash.

Found T&H realty services to be pretty interesting as they provide both buyer brokerage service (to help me find deals) as well as do property management i.e. they are not full turnkey provider necessarily, but reduces some of the hassle for me I guess as an out of state investor. 

Although that would be looked down upon by a lender as well because of the inherent risk of lending to someone who has too much on their plate. 

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

RV rentals can do well, especially in popular outdoor destinations.

I just got something small and well within my means - refinanced when rates got low and now it's a decent little cash flowing rental 

Water from the well has sediments and water forms a yellow lining in toilet.

All fixed fee with out of scope offerings as well.

That being said, every FHA loan has UFMIP which is 1.75% of the loan amount, as well as monthly mortgage insurance pmts that are about 0.5% of the loan amount annually.