these investors are expecting returns far higher than 10%.  

Fix it.We eliminate as much landscaping as possible: we take out flower beds and most decorative features, ideally, lawn mowing is the only job tenants have to do, because we know that's all we can expect from most.

I'm not expecting a yes or no answer - I would be very grateful if you could comment on the analysis above.

Quote from @Nicholas Foy: Has anyone ever had to deal with a rental being broken into and vandalized?

For example if rent is $2,500, you would expect total gross income of 7,500/month if my criteria is 3x income?

Ultimately if we go down SFH route (and not rely on STR or MTR), it seems that we would have to buy multiple properties around median price point where the appreciation is most expected?

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

Ideally you would want to transfer the funds you expect to use for the purchase to your new entity for your records to create the separation from personal to business. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

It’s not a place where you can just buy anywhere and expect success.