Infinitely more usable and searchable.  

If you're bent on purchasing cash flow properties, use the following as a quick rule(s) of thumb:Always buy with equityAnticipate repairs - Any large ticket items (roof, windows, heating system, electrical system, plumbing, etc.) with a shelf life of less than 10 years will break down at the worst possible moment.

When I think of stock, I think of right off the shelf.

What are the advantages and disadvantages of having the washer dryer in the garage We would build a platform for them and add shelf space  for laundry items.

Thanks as always for your infinite collective wisdom BP!

Any non-negative return provides infinite cash-on-cash return.  

Also, I wont go for a deal that doesnt have infinite cash on cash returns (BRRRR strategy or Owner Carryback Mortgage at very conservative vacancy rates) OR $200/door/month cash flow and around a 16% or better cash-on-cash return.  

Keep in mind (many landlords don't realize this), if this is a long term tenant (years and years), you cannot charge them for items that are beyond their "shelf life". 

I would say at least 90% of our clients sell off their rentals as they get into their 60s and invest in notes.. at that point they are far more educated in how it goes on both sides of the equation.but at the end of the day its what you understand and are comfortable. with.But as you mention there are alternatives  REITS being one.. if accredited  going in with some top shelf syndicators will get you a 6 to 8% coupon.... and most rentals at the end of the day won't do any better. 

If I stay in Hawaii I'd definitely have more of a focus on flipping as it's pretty clear to me that cash flow is a tough thing to come by, but therein lies my dilemma that I'm not sure how comfortable I am starting off as a brand new investor jumping straight into flipping and remote investing off the bat, whereas starting with a house hack seems infinitely less risky.I should also throw out this is all arbitrary at this point as I'm still in the process of paying off my remaining personal/student debt, so it's not like I could jump into investing right this moment.