I've had some thoughts on owning Car Washes, Storage Units, or anything that doesn't require too much maintenance or man power.

I just can't imaging the man power it takes to deal with delinquent tenants.

Due to the declining flipping market in our area, we are now also starting to really focus on some multi-family buy and hold properties, while also hoping to grow our manpower to be able to have more than one flip going at a time (if the market allows).

You need a bunch of equipment and manpower to do this work, it will be costly.

Misuse of law enforcement resources in cases such as this is a big part of why officers do not have the time and manpower to conduct proactive policing and end up chasing calls for service the entire shift.

it really depends on if the states want to take the time money and man power to enforce the laws on the books.but when you have big money to be made teaching this stuff and .. you drill into folks that you can make big money with no money of your own out of pocket etc etc.. this is what you get...

A owner or PM that is doing quarterly inspections and billing for ongoing tenant caused repairs do not experience high turn over costs.When owners/PMs ignore their management responsibilities they should  expect high turnover repair costs.while I can see a mom and pop investor who self manages and owns 100 or less properties doing this.. a large PM  quartly inspections would be pretty tough to do.. simply because of manpower issues.. etc etc.. and I suspect most owners would not want to pay what it would cost to do this.. a PM can't throw this kind of time in for the already thin margins they work on... someone has to pay for it. now if you owned a few homes yourself like many do.. and you want to do your own inspections..

But if you're removing the floors and opening up walls, now you're looking at 2-3 days or added manpower to accomplish it a day.

The downside is that you need to have manpower to process payments and fight disputes. 

A mom-and-pop real investor has the time to learn and run an STR hospitality business, a massive multi-family developer doesn't and it's not even part of their core competencies, not to mention a hospital business at that scale requires a sophisticated tech stack and manpower.