I own multiple SFHs as rental property. 

Not when there are so many alternative methods of engagement towards resolve of which past clients have appreciated.

Happy Holidays, and thank you for sharing such a detailed and engaging market update!

I personally like one sponsor who has been through multiple real estate cycles without losing any investor money, puts very large amounts of skin in the game, is conservatively leveraged and has a very good 1031 exchange program.

I’m a licensed agent in multiple states (my Arizona license number’s on file if you need it), and while I’m not your attorney or accountant, I’ve seen more real deals than I can count.

Those accounts are shared across multiple properties since guests don't all watch TV at the same time.I've only had one guest not be happy they didn't have traditional cable but that's when I explained football was on YouTube TV and all was well.

The tenant base is generally 95% single women with 2 to 5 kids and they flat destroy houses, Not on purpose  most of the time but if you have children all below 10 years old they are just brutual on houses even in the best of situations of which single parent with multiple baby daddys is not the best of circumstances.. full stop.

And if they are a hobbyist/part-time builder, then they should engage the proper professionals, i.e. a title officer, civil engineer, architect, contractor et al to assist in reviewing the project's feasibility.

I will note though that lots of people manage multiple rentals without hiring a STR management company (myself included).

@Jeff Hines - go with a direct lender and spread that $150K over multiple properties.