This influx is limiting rent growth nationwide, particularly in the Sun Belt, where oversupply has led to rent declines.Nationwide, vacancy rates edged down to 7.8% as move-ins outpaced move-outs.

But what you make and what the IRS thinks you make can be two very different numbers. 

But many people need to consider if they are financially ready for it or not.

Paying off rental mortgages increases monthly cash flow but reduces liquidity, while investing in hard money lending offers high returns but is taxed as ordinary income.Buying a multi-unit rental provides tax benefits like depreciation, while purchasing a business can yield strong profits but requires active management.

Of course want better close rate but when those numbers I would be ok with 

Though Buildium has its limitations, its financial tracking is quite robust.

They had $ but did not have the knowledge or the time.  

Quote from @Eric James: This is why I build outside city limits.

However those with no to very limited experience will never get a fix and flip loan  from a bank. 4.

By diversifying, but still investing in the most promising deals, you limit the possibility of a devastating loss without limiting your upside.