On the other end of the spectrum is Keller Williams where they make the case that the training and branding makes it worth the extra cost.

@Jeff L.Performing and Non-performing notes are at the opposite ends of the Active-Passive spectrum.  

Along the spectrum warehouse is generally cheapest per sq ft.

On the other end of the spectrum, yard care is oftentimes the tenant's responsibility with SFH.

That would cut your profits obviously compared to a full hands-on strategy like you said, but on the whole spectrum, would you consider that a risk-adjusted more profitable strategy than SP500 or not?

Where are you at on the experience spectrum @Trevor Baker?

I'm about as big of a conservative as you can find, but I do think that some of us maybe don't think things through before speaking and give the people on the other end of the political spectrum room to group all conservatives in a certain not so shinny light. 

Northwest Indiana is a great place to invest since it has such a broad spectrum of property types.

@Jonathan Olivares There are many different possibilities.There are a ton of hobby investors who are completely happy flipping a small number of properties, while the other end of the spectrum may consider 3 properties a drop in the bucket.There's also the market differences that Account Closed mentioned, where the property values may push the investor in one direction or the other.

Another very important point: when you are calculating the ARV, make sure you are staying on the conservative side of the spectrum, e.g. among 10 comps, don't take the average of the top 3 comps, take the average of the bottom 3 comps - because these are the types of comps that the lender will consider when they calculate the ARV in order to maximize the likelihood that the property they are approving for a hard money loan really does end up selling.