I could tell you personally as an investor I was never more stressed ,more busy and lost more money due to owning these properties and as a management company I can tell you that did not change the challenge of these properties is they are very high time intensive type business models and if you were not there to be hands-on to deal with the older properties ,higher maintenance ,month to month type tenant mindset you will not only lose money but the personal stress level you will endure will make your whole real estate experience a negative one We got to the point when we were unloading are low income properties that we actually had to come to closing with money but we did that because we no longer wanted this to be our problems.Just make sure that if you do move forward and buy these properties that you’re buying them with the strategy they will align with your future goals find a deal because you think it’s a deal if it doesn’t not align with your goals it’s not a deal it’s a diversion from focusing on why are you involved in real estate.I know because I learned this first hand and it was a very expensive and stressful mistake that I would not want anyone else to do them selvesWe have 50-60% of our investors Come to us from out of state and even though they start not knowing anything were able to help and guide them by being on their team to give them the right advice so that they understand why they’re even doing this before they ever actually buy

Short term rentals seem to net way more cash but you work harder and endure a lot more stress.

In Mark Manson's Book The Subtle Art of Not Giving a F**K, Mark describes only giving a F about things you know you are willing to suffer for, and knowing the level of suffering you are willing to endure. 

Of course seeking a reconsideration of value is hardly an issue to anyone other than the poor appraiser who has to endure it, but it is bad advice to anyone and a waste of time, statistically speaking that is.

This could be a many year process for them and their pockets might need to be very deep to endure. 

What annual return must I have gotten in an account to have plunked down 29,649 in 2009, endured a negative return of 14K along the way, put in another 11K  in 2012, then cashed out in 2019 for 85,898.

A 2-4 year plan should be all you need to sustain you for your REI endurance race.

This helpful site is full of the woes that other investors have to endure.

.”- If inclement weather persists, allow yourself ample time to arrive safely.

I think for me when I think about how I am going to invest, I think about the level of suffering I am willing to endure.