So, a good tenant in place who want to stay is GOLD to me.If you really feel like you want to keep the rent as high as possible, perhaps reward a good tenant with a small upgrade.

Sometimes your risk reward changes substantially with the types of projects you can get into for one vs the other.As some other posters have alluded to, time constraints drive a lot - a light rehab/cosmetic buy and hold is possible for navigating while having a 'regular' job - and certainly managing rentals while working is possible as well.The last one, and I'm surprised no one has mentioned this - is market specific. 

We may not be in it yet but I see the greater reward coming soon.

There is always risk in real estate investing, but there is also the potential for great reward.#3  Pursue life-long learning.

I was born and raised for about 10 years just outside of Charm City. 

Rich people focus on the reward Poor people focus on the risk -T.

You don’t reward losers who you want out with money , you throw them out!

Risk=Reward.

That must have felt rewarding.

It is higher risk with the potential of greater rewards but does require much deeper pockets to succeed.