Many factors involved: 1.

But from what I’ve seen the general price level of notes for sale is way too high for the risk involved.  

Whether it's real estate investing or running a small business or a combination of both, I just know I want my income and financial stability to stop being reliant on a boss or corporate entity.I've got a couple of interests that I'm flexible on. - Long term residential rentals: Primary interest to start building.  

When we purchase, If there are agents involved we might not even meet the seller.

I agree with Chris, why get a third party involved. 

If either of them were to stay involved, it could cost you money and you would collect less.Send it to collections yourself.

LTR or Mid-Term RentalIf STR doesn’t work out, consider mid-term rentals targeting professionals, which could offer higher rents and more stability than long-term leases.3.

Lots of variables involved and depends on your personal situation of course.  

At the end of the day, you need to underwrite this property based on the cashflow it is currently creating and possible "stabilized cashflow", then back into your purchase price based on the returns you want to hit.I.e. if you are wanting to make 20% CoC returns day one (your expectations are pretty unrealistic), but it may only be worth $250,000.  

Time Savings: Managing properties can be time-consuming, involving tasks like tenant screening, maintenance coordination, and rent collection.