Sounds like you would have no control... first red flag

I will update this with info as it comes available for more precise answers.

There is literally no control when owning a condo.You're better off buying an SFR.

This alone will allow you to control much of the way you are taxed.

I guess I like controlling the material cost myself, that way I can pick the quality that goes in depending on whether it's a flip or a rental.I'm also more hands on the projects also, I'm there on a daily basis and usually do some work myself alongside them. 

It's a no rent control area btw . 

I assume pros would include more consistency in rent despite any vacancy and it would be very expensive for this tenant to move 11 homes, but less control of tenant quality, etc?

Positives:-Cheaper price "per door"-Lower taxes-Higher cap ratesNegatives-Much harder to control rehab/turnover costs-Much less control-No manager ever cares as much as you do!

Buying dollars remains an up and down effect - depending on multiple conditions out of my (our) control. 

Pro Photo is a paid (one time purchase of $200) wordpress theme that gives you an incredible amount of control and customization.