I have five houses in Memphis area, and the biggest problem has been finding a good property management company. 

Their pro formas felt optimistic with providing 6% annual appreciation and property management that is only about 6% of rent so I take it with a grain of salt (they offer their own property management services but it has terrible reviews on Yelp so I would probably go with someone else). 

Finally, as an aspiring/budding lender, I don't have as much access to mentors, but then again it's easier than rehabbing/flipping and probably easier than buying and holding and managing multifamily. 

Don’t have the time to do property management right now however as I have a full time W2 (accredited investor) and a family to raise. 

Don't change jobs or income yet.Once you do and you think you can manage the payments based on your new income, maybe once you get the rooms rented.Then if you want to switch there are plenty of opportunities. 

It lets you focus on managing the property and getting steady income right away.

To me the biggest takeaway is that as real estate professionals, we always talk about location, location, location.

However, there's a critical detail that many tax advisors conveniently overlook when promoting these studies.Here's the uncomfortable truth: If you're a high-income earner (AGI > $150,000) and not actively managing your properties, those promised tax savings might be locked away for years.

It’s been a while, but I finally managed to get back into the BP forum—great to be here again!

If you buy good properties in good locations you can do fine in Buffalo.