Definitely stretching my operational capacity little by little sounds like a conservative and reasonable approach to growing the scope of my business. 

I was able to stretch my funds and buy it in cash.

The fault is you tried to stretch a "solution" that has an expiration date of seller joy, into an eternity.

There are a multitude of roles, stages, and responsibilities for each and every unique project.

I am wondering if taking such a risk would stretch me really thin or is there a safer approach to take.

But don't worry, the CA government has come up with a new and unique approach to this.

Perhaps some more than others, but each one brings a unique perspective.

With your $50k to invest (and access to more), you could quickly scale your portfolio without stretching yourself too thin financially.Memphis also has a steady rental market, which is driven by factors like population growth, job opportunities, and a strong economy.

The downside is that everyone does it and unless you have something quite unique, you will deal with lots of competition and seasonality.

Take a single, don't try to stretch it for a double or triple when you aren't that fast.