Look for properties with a solid cash flow to ensure your investments are self-sustaining.Final ThoughtsUltimately, your decision may come down to your risk tolerance and management preferences.

Your decision should align with your risk tolerance and whether you prefer managing properties or running a business.

Some investors do both, using their real estate holdings to fund business acquisitions or vice versa.Ultimately, it’s about aligning the strategy with your expertise, risk tolerance, and lifestyle goals.

So someone who is looking purely to maximize potential return (and has unlimited time) is unlikely to find this a good fit.2) Those sponsors you listed: Every investor comes from a different risk tolerance, financial situation has different financial goals.

It is something that an owner will tolerate when they move but I don't want to replace a couple of couches, deal with spray on a ton of vertical surfaces, etc.No cats. 

I’m sure you will get different answers from different people based on their expenses/revenues and their tolerance to hospitality work. 

Other people want lots of doors which works for them. it all depends on your goals, financial situation, timeline, and risk tolerance.

It depends a lot on your risk tolerance...

However, I would suggest you calculate a 5-10 year pro forma on each property and calculate an overall IRR for each so you can compare and contrast based on your risk tolerance.

It all comes down to personal financial situations and tolerances for risk, debt, etc.