We are mainly active in the Barcelona/Valencia and surrounding areas.

You should always be pro active and professional.

The Fall and Winter months typically see less activity than the Spring and Summer.

Also - I dont want to be tied to having to provide CHA housing only. is there a provision in Chicago area for those who are CHA authorized landlords, they can choose not to do that (even while actively qualified?)

If you want to have your own LLC for your own benefit or where every member is active, that is another story.Also agree with Chris that you should consult with an attorney.

Here are some factors to consider:SFH: Easier management, typically lower upfront costs, and the potential for strong appreciation in Orange County.Multi-Unit Property: Greater potential for rental income from multiple units, but it may require more active management.

PML depending on the time duration of the loan will either be passive or active income.

There are active tenants in there with an AWOL owner. 

The last three properties have been on the market for over a year with active showings but no offers.

Very different answers to your question depending on the answer to this one.If for a career path, I would agree with @Michael K Gallagher and find a brokerage that is actively doing deals, has a property management division in house, and has brokers covering each of the key market segments - multi-family, retail, office, industrial and land.