There's going to be a learning curve but as you progress down the host road you'll learn what's needed to minimize your time needed on site.

The only way it would make sense to have little cashflow is if the location is PRIME and you are betting on appreciation over the next 5 years. 

I think MBA makes more sense in CRE, but I bet they're not hiring right now due to the crisis that we have right now.The sector is so minuscule, so I'd guess the MBA is more useful if used in different sectors, like management consulting, for example.

Everyday/Every other day call and ask about the status and/or progress on your case! 

Bet with your income and LCOL you generate $2M+ on that alone.From there think about how you want your wealth to look at that time.

Your best bet to find a BRRR deal (or even a flip deal) is to connect with off market resources (wholesalers, agents that specialize in this space), or to cut these people out and source deals yourself.

I suspect at 5 million cash investing in long term municipality bonds at 3.5% yield (but tax free) which gives 175k/yr post tax is probably your best bet, but it depends on what lifestyle you want.

Apply BRRRR strategy to single-family homes in parts of the city that are in the paths of progress, while renting out to tenants whose rents are subsidized by the government (Section 8).  

@Landon LehmannI bet!

For first time investors, i think that the BRRRR strategy is a pretty safe bet.