I suggest that you first identify your goals and decide on the approach you want to take.

@Larry Nielsen The goal of a real estate investor should be to maximize the performance of your real estate while avoiding  incoming liabilities against the real estate and yourself personally.

I'm not saying go for a full-blown apartment, but will sporadic cheap renters accomplish your goal?

What are your goals specifically on this topic?

Once you know the goal you can reverse engineer into the resources you need to build the goal. 

Our goal is the BRRRR strategy, we want to fix and hold and also do a some fix and flip.

We’re focused on building a strong network in San Antonio and its surrounding areas since our goal is to acquire two properties per year to enhance our portfolio.We’ll be in San Antonio next week or possibly the week after and would love to connect with local professionals—property managers, contractors, investors, lenders, and others.

My original goal was to fix and rent.

Depends on your, market, goals, and your strategy.

Hi Michelle, what are your investing goals?