@Jim Adrian thanks, yes you're right. i wouldn't buy it how it is now for my primary residence. renovations for a lot of people are a huge pain too. i appreciate the feedback.

Always difficult to directly translate to value but I think it  is worth it.Also agree with other responses that I would avoid late/non-payers as well as those that are pains in the back side (for me only 2 out of 44). 

It is a pain in the neck to light and usually takes me a few tries, but with some patience I can usually get it to work.  

Ideally, I'd find somebody who does that for a living, has a bunch of knowledge and is willing to let me tag along with him and soak up all I can, while trying to not be a pain in the ***. 

Just to be a pain in the butt, they could file a complaint against you claiming you're operating as a broker without a license (I've had this exact complaint filed against me in the states of Washington, Oregon, and Colorado.

While the 506c  certification is a pain for all involved, it does allow the platforms to advertise and it does allow for the open discussion of the deals outside of the portals.506b deals are easier to make the investment, but they do not allow any public discussion of due diligence materials and the portals will not even let web sites discuss returns after they are funded.  

you beat me to the punch about Ocwen.Back in the day when things turned I was going to set up a short sale division in my Re company... so I thought I would do a few myself so I knew and understood how they worked then turn them over to my team.. well first one I try is with Ocwen it was such a pain I just completely gave up on the idea..

owning rental property is a pain and adding commuting time managing it yourself only adds to that. 

This sounds like a lot of pain, but I guess you could try it with one unit to see...For the others I would rent these on a much longer term basis, such as a 6 month or 12 month minimum pursuant to standard screening checks.  

Welcome to BP, @James Paine!