If it's just a money grab and there is no desire to associate with the aforementioned, you will most likely be on the losing end and feel very negative about the program.

There is a mortgage so that also adds to the amount desired, though my inexperienced self still feels it would sell for a pretty penny once fixed up.

Nice to have a problem that the properties have appreciated so much that the LTV is below my desired LTV goal.  

I suspect maximizing the investment might make it slightly less desirable as an owner or at least the renovations might have lower ROI if sold to a homeowner.

I also never had to worry about vacancies: if you own a desirable property, you will always have people lined up to rent from you.

I have no desire to be part of any lawsuit or liquidation event.

I'm weighted towards RE but I have been buying in the public markets recently (stocks, index funds, bonds, REITs, Master Limited Partnerships, Business Development Companies).

Single families are generally more desirable for tenants & you also get longer staying tenants most of the time. 

I feel if a person doesn't have the time or desire to get on a plane to look at something they are dumping hundreds of thousands of dollars in, they probably are not that suited for this business.

Not so much ;)So now investors are feeling the weight of dog properties…be it higher interest rates, non paying tenants, property values falling, government intervention (especially in CA), etc.