I have many out of market/state/country investor clients (and I also do out-of-state investing for my own portfolio) who self-manage their properties which is the best way to maximize cash flow and retain control of your investment.

So I’m not really diving into buying something right this second but I figure if I meet agents or owners I hear and talk with the front line of people who are controlling these assets and go home game plan research until I feel the time is right.

Which one does an investor actually have more control over the results?

We require ours to pick up minor branches and place them at the curb.Pest control: tenant generally. 

You can pay them a competitive interest rate and you will retain full control of the building while you learn about managing rentals.

In reality you are renting to the government and are government controlled although you must allow a welfare recipient to live in the property.

It's also okay to say out loud that luck and forces outside of one's control make many deals work.

Two things to consider:- before rent control in my market we got rid of undesired tenants by raising rent to above market rate.  

Thank you,I'm new to this type of investing (more familiar with buying businesses) so I'm cobbling together information from brokers, chatGPT and everything in between to figure out what I need to (at reasonable cost while controlling risk profile) complete an acquisition.Facility is in rural Kansas, and is composed of a portfolio of 4 buildings on 3 parcels. 195 unit count - ~10 years old on average, some are newer (2 years) others older (15+ years)I'm trying to learn what I should watch out for in the process and what studies will be needed to get a good level of comfort before acquiring the facilities

Some of our clients follow our lead on creative finance to quickly expand their portfolio and precise record keeping is required.