As a landlord, that may prompt me to not renew the tenants lease hence they would have to seek alternative housing. 

True private money is a lot of times more expensive then alternative lending.

If you know nothing about both markets I can tell you traveling into Louisville is typically cheaper and easier, but Lexington neighborhoods for me were a safer bet overall. 

They are still a marketplace, but are working hard on transparency, data aggregation and reporting for buyers and trying to offer a nice alternative for investors who want to go the passive route.  

They may be able to suggest an alternative (ie you pay some of their guys to do it after hours).

From a rental standpoint I prefer properties in the suburbs that are long term rentals because it's a safer more consistent play.

Alternatively, I have been researching going into section 8 to get my feet wet.

$29.99 Blink Video Doorbell - https://www.amazon.com/Blink-Video-Doorbell/dp/B08SG2MS3VA popular alternative to the Ring.

Even short comments from professionals seem like much better alternatives than my deep contemplation.

Consider dividing investments between Colorado and Iowa, using low-down payment alternatives, and looking for properties that include ADUs or multifamily residences.