Self-Storage gets good rent but it can be a hassle to manage & deal with.

Then you can self-manage and learn all about tenants, contractors, etc. 

However, some of the best cash-flowing markets on paper can also come with the biggest management challenges.

I would literally NEVER be able to manage them correctly. 

Being able to be on site and able to commute 20-30 hours a week on the project is crucial for me 

I have a short term rental that I self manage and am considered a real estate professional based on material participation rules.  

My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.  

They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.

They offer weekly training sessions on everything from investing and construction to vendor management, cash management, market analysis, and home underwriting.

Having local family gave me a built-in support system, market familiarity, and the confidence to manage a property from a distance if needed.