I suppose it may work if you have a burning desire to do it.my partner in my airplane is doing something similar in Oregon he started a tiny homes manufacturing company ( making his own) and he owns a nice chunk of properly zoned dirt in Oregon 10 acres .. its worth about 3 million as it sits.. but he is going to sell the tiny homes then do 50 year leases on the under lying dirt so in essence create his own park as it were.But he has the Dinero to follow his whims and social desires of creating affordable housing for the mass's. 

I am fine with it but my own concern is obviously if he burns down the place with the gas stove.

Evaluate how much time you burn a day because you "deserve" to relax? 

He self-manages them but after being burned once, he has been strict with his rental criteria so tenants have typically been highly educated, and responsible.

Sorry don’t understand your replyWhat is your definition of a B neighborhood I am looking at some oF them right nowThese neighborhoods are in fantastic condition compared to back in the ‘70s and ‘80sEven my wife said she would feel safe living in these neighborhoodsNo burned out buildings.  

I was an active member of BP years ago but my dreams of being a buy and hold investor were put on hold when I was burned in a business investment once I got out of the Navy.I have mostly recovered. 

One of these days, I'm sure a tenant will burn us and we'll get more cynical. 

Don't skip any of the above figures to make your numbers look better or you'll just  get burned when you think too optimistically. you WILL need those contingencies like capex roof replacement and being able to afford a PM because no one wants to be forced to manage your own rentals forever because they forgot to budget for that expense.

I look at so many deals with my day Job, and I am ready to turn my burning desire into a reality.... 

@Sulaiman ShahIf you have money to burn you can mail to both to slightly increase the odds of them opening it.