Very few analyze the ROI of their efforts and adjust their strategy of achieving their goals at each meeting.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

As you indicated, make sure you leave something in the plan for contingencies (absolute minimum of 10%), and keep in mind the cost to hold during the time it's under construction and being marketed.Make a plan, check it twice, and decide if it's worth the effort. 

I have more than enough private investors willing to pour their money in and I realize that there are diminishing returns when considering time spent looking for deals or deal finders and the amount of deals I close.I'm a real believer of the Pareto law which states that 20% of effort leads to 80% of results.

At least it will show that someone put forth effort to return the money like you have been trying to do. 

You’ll still need lots of due diligence and time closing your first investment, so why not get more units with similar effort?

Its hard for me to equate the effort and financial risk in fully leveraged rentals.

. :) Would love to connect with any real estate professionals in the following areas, as I am considering these markets for LTR:Oshkosh, WIMadison, WIBuffalo, NYSyracuse, NYQuantum Valley, NYCleveland, OHColumbus, OHPittsburgh, PAI am most excited about cash flowing properties in areas with exciting growth potential, renovation efforts, or new money coming in!

the comparison really should not be to an existing home because you are doing development and the associated work and effort.  

If you are looking for property in San Diego that is going to have good initial cash flow, you are going to either have to identify an obscure value add or expect to spend a lot of time and effort to find good off market purchase (most off market offers are not great).