So the goal is to get a property and rent it out to my Soccer friends.

They’ve already made a name for themselves in Mexico with projects that blend eco-friendly practices and thoughtful design, and now they’re bringing that expertise to one of the most popular markets in the U.S.For investors, this could be an exciting opportunity to work with a developer who consistently delivers quality and strong returns.Check it out:  Travel weekly by Northstar

Old post but I figure I would comment here... my Company, Maven Cost Segregation has done studies on projects like this.

Managing property can either be a lot of work or fairly hands-off—it largely depends on the property’s condition and how well you screen potential tenants.As for deciding between the two property types, it really comes down to your long-term goals.

They can provide access to off-market deals and connect you with a network of contractors familiar with BRRRR projects. https://www.biggerpockets.com/business/finder/agentsProperty Manager - Choose a PM with Section 8 expertise to ensure smooth tenant placement and compliance with inspections and rent guidelines. 

A strong local presence ensures that your property is being handled by someone who understands market trends, tenant expectations, and the best vendors to work with.Beyond just managing your property, your PM team should also be aligned with your investment goals and able to help you strategize for long-term growth.

Keep learning and determine your long term goals.

Ultimately, the decision should align with your long-term and short-term goals.

The 7 isles project hasn't even started.

After the HELOC, it would drop down to about $450 per month.My goal is long term equity and appreciation, and not cash flow.