I've been hosting MTR's now for 5 years and have worked with most guest avatars and my company helps independent hosts make those B2B connections so I'm fairly well versed in the insurance displacement aspect.  

Considering the area  I am not sure how this poster's LTRs are going, but I own 2 in the area and have helped multiple investors buy and then lease their LTRs in the Buda/Kyle area as well - all are cash flowing.

I would only place it on DeFi if you're fully aware of the risks, or as a smaller fraction of the CeFi.

2) Buy a few out of state properties over the next few years, through a well vetted turnkey provider like the one I mentioned above, which should more or less break even or give me a little bit of cash flow, and since I'd end up with a few doors my risk would be a little more spread out? 

It does make me feel more comfortable as I know the are well as a Real Estate Agent.

I am well capitalized.

The biggest problem I see with seller financing is the cost of repairs (as well as holding, selling, etc.)

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 

@Lauren Kormylo agree that there is a lot more risk and headache with wood burning fireplace.

But really you’re just creating a second job for yourself and one that doesn’t pay very well if it even is cash flow positive at all 😆I used to buy houses for STR but now that I’ve got several STRs up and running that I bought many years ago, I stopped buying STR once mortgage rates went up and housing prices went up.