Customizable Fund managers also can play the role of a trusted advisor and build a well balanced portfolio for investors  that is custom built for each investor instead of trying to sell them one deal at a time.  

Hire a CPA, learn how to play the game. 

But prices are insane and have to play the long game.

It's difficult for you to play the role of their CPA to get the right number unless you are family. 

Would it be correct to understand that you are suggesting looking for longer term properties to hold as opposed to looking for cash flow (in other words look to play the long game)?

.#1 Is the "I am going to stick my head in the sand and play the victim role if something goes wrong." plan. #2 Is somewhat better if your municipality registers contractors, but it is outsourcing the due diligence you should be doing. #3 Is actually doing your homework to ensure your contractor is properly skilled, certified, etc; you are protected by a bond or insurance and you have checked the contractor's references to know he/she is a 4+ star contractor.Only you can decide how much risk you are willing to take to get what might be a below market rate.

Here is how most PMs play the game.

After which you may not be as nervous when it comes time to play the Real Estate game for real.  

To me real estate is a store of value that’s tangible, in need, and tax advantaged and if you can get appreciation on top of that it’s a nice bonus, but I’m not counting on it to play the game.

Unfortunately, if we dig deeper in both the history of rent control and the economic fundamentals at play the idea of bringing this piece of legislation to solve rising rents single handily falls short of it’s intended results.⁣⁣Think of where rent control is currently in force and where the rental market is currently fairly open, think of cities like New York, Toronto, Vancouver, San Francisco etc.