But yes, if I were you I would most likely start off with house hacking, self managing everything so that you'll educate yourself very quickly. 

I've managed up to 400 rentals and never offered a concession.

Daniel,If its something you really like from all accounts, get with an inspector and property manager to give their thoughts on the area, condition of the property etc...

This is how I see it:Single-Family Homes:Pros:Larger pool of potential tenants (families).Simpler management (one tenant, one lease).Often easier to finance.May appreciate faster in some markets.Cons:Only one income stream.Vacancy hits harder financially.Duplexes:Pros:Two potential income streams.Live in one unit and rent the other (house hacking!)

My goal would be to start within 1-2 years and get some more experience with the construction process, project management, financing/budgeting, etc.

I'm not counting those since I don't manage them, but I typically avoid cities and states with laws antagonistic to landlords.

Ease of management?

Quote from @John Friendas: Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is half his).

Not sure if you have a single STR or manage a portfolio, but I’m only managing one STR right now, and wondering how to set up that kind of payment?

Truly Passive: No management, no tenants, no repairs, just consistent income.3.