I know Deed in Lieu is a common and normal practice.

Drawing from my experience delivering over 550 investment properties, I can say with certainty that self-management isn't practical for most investors.

A person who has spent his 2000 to 4000 minimum CPA practice hours doing foreign currency conversions at Deloitte for a Belgian energy company may not know the first thing about real estate or anything else.

Much better as a short term acquisition strategy for flips IMO but always a high-risk strategy that should not be practiced by anyone who doesn't have the liquid capital to pay off the loan if needed.

If you have multiple LLCs, best practice would be having a Plus subscription.  

In Phoenix, a 1996 build is practically brand new when compared to a WWI-era home in Cleveland or Pittsburgh or some other Midwest or East coast city.While I agree that older homes come with more problems, buying something newer may not work as the price will be higher and won't cash flow as well.I'm of the mindset to buy what fits your budget and investment goals.

They can go practically anywhere.Emotional Support Animals can be any type of animal - dog, cat, horse, peacock, komodo dragon...

While I’m happy to discuss general strategies and best practices, I won’t be sharing additional details about the property’s exact location, nearby city, or financials at this time.

Set clear goals, save for a down payment, and practice analyzing deals to build your confidence.

As you get more familiar and develop best practices, you can then go to new construction.I hope this helps.