I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs.Key point is "Lowest" rate does not mean the cheapest rate  I have worked in traditional community banking for over 7 years.

You also have to consider the down time of not renting while you renovate and likely having to fly in several times to check on work, meed contractors, pick up supplies.

I’d rather they just pause distributions and pick back up once the “economic conditions” are sorted out.

Unfortunately, we picked a bad time, because a game just finished, and people were streaming out of Wrigley Field.

Pick careful if you have college students when you move out. 

I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs. 

If I were you I’d pick a market and become an expert on it.

As long as you stay invested and let your hard earned capital continue to grow, you can pick your spots when a real estate opportunity offers outsized returns comparatively to other investments. 

Although not everyone, they pick and choose who they charge what to.

I remember chatting with a good friend of mine, Jared, who once picked up a quirky three-story in Somerville to rent short-term.