@Ersi Bice  you need to make the distinction between and investment and a business.if your going into the  ghetto and or hood you need to be in the business of running rentals. if you think your going to make an investment in these properties and sit back and collect rent well then you probably not going to have happy day and chances are you will lose most if not all of your investment..If you choose to go into the business of running low end rentals then put a business plan together the team together and go big.. you need to have 100's of doors to so you can spread your loss's over the entire portfolio.. because you will take loss's.. the Ghetto and hood populations are extremely transient by nature.. ( you can get the long term tenant) but that's not the norm... so your dealing with a lot of turn over.The other issue is security of your properties.. if you don't have near police state type security your properties will get stripped of anything of value within a very short time.Look up DAWGS systems in Chicago you will see how the rehabbers there need to secure the properties. if you not prepared for this you will get wiped out end of story.

I’ve 1.5x rent, that way they if/when you go to court, there is a clear distinction between the rent and the security deposit.

Whatever direction you decide, make sure your lending is separate and distinct from any real estate owned.

I personally don't think there's much of a distinction between the amount of time it takes to manage a STR remote vs local.

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

The distinction between the two is very tricky; listening to some one-hour podcast is not enough to learn it.3.

He has a distinct skill set that has obviously brought him a lot of success. 

But even if money were not an issue, you're still not really giving me enough information to draw a distinction between your strategy and co-living built around some kind of shared interest or belief system, as opposed to just bringing together strangers who pass a background check and want to save money. 

The house you see in each of the 4 areas I just mentioned are distinctly different. 

DIY evictions by first-time landlords in Washington almost always drag on for a long time, and they usually end up hiring an attorney at higher cost to clean up the mess; your state may not have such a strict procedure to follow, though.Here is a suggestion for getting her out and covering your bases, if the squatter vs. tenant distinction is important in Indiana.