It’s about who argues the “facts” better.

However, many would argue that location has a direct bearing on the ability of an asset to perform.

To actually answer your question though painting is not hard but you will not get the same results as a pro, and I argue you don't need to. 

wherever you are looking for land I'd argue it's a bad strategy unless you are buying for pennies on the dollar. where I'm at in columbus ohio there is a 12 months supply of land on the market so it's a buyer's market. unless the market is a seller's market which can be established with a real estate agent (less than 6 months supply on the market, and really I'd say 3 months), then I'd avoid this strategy 

You might find yourself having to argue with one who thinks you can get legal fees only in a judicial redemption. 

To clarify, I'm not arguing the price that my cleaner charges, or the seasonality of her charges.

Even if the hold period is longer,  I would argue you would need similar timeline if you invested today in single family homes , stocks or generally any other type of investment. 

@Ashley WilsonI don't argue your 'compounding effect' premise.  

I'd argue that both HELOCs and CES have good utilization for both short/long term plays.

@Michael E. thanks for the positive plug:)Manny, most locals buy appliances at ABC Warehouse.