There's just too much to write here, but let me encourage you that there are endless opportunities.

Two observations I've made over the last month after 3 threads and literally hundreds of posts debating this topic:There are an endless number of variants of this strategy, and we've proven them all to be mathematically flawed.

Our portfolio is not high-maintenance and should be pretty easy for a PM - with more experience in this business than my partner and I - to step in and, at least, keep the ship on course.What we are trying to accomplish is align the PMs interests with our own ... boring, same old, take the cheques to the bank each month and occasionally go fix something or fill a vacancy ... and avoid an endless parade of turnover every 12-18 months and the costs and lease-up fees which go with it.  

Textured walls are also harder to clean and in certain areas like halls and stairs seem to be endlessly dirt and impossible to clean.

Tenants have a portal, the flexibility is endless.

They all break, and you'll get endless phone calls to fix them! 

Endless stories of rental scammers here. 

Bought a multi-family in May and the neighbor is a nut job.Has an endless list of complaints, some valid and some not.He called the property code inspector two weeks after closing, and I have a laundry list of repairs that I now need to (financially) prioritize over renovating and renting out the interior.The violations are about half resolved…then today my tenant notified me that city lead abatement folks were at the property.I feel like every time I turn around he’s going to be calling in trying to get the property cited, and I can’t let my guard down.

The possibilities are endless for them once they graduate.What will be your pick?

Why would you sell it for a loss, then buy something else for another loss plus more losses for endless repairs on the next crap car?