Depending on the fee schedule and activity this can cost significant transaction fees and always includes some red tape and extra processes to go through.

So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.  

@Michael Klick Congrats on getting things moving in your investing journey. 

I was wondering if any real estate agents might have any advice or resources that I can use to begin my journey?

We are actively managing two fund offerings, one focusing on real property (REO and off market properties), the other focusing on Pre-REO (vacant first mortgages).

Also tweaking your pricing on VRBO and Airbnb so you are active and it pushes you higher in the search results.Tweaking the price that gets pushed to these platforms works as well.

I don't think the HOA can restrict what a tenant does within their own unit (the lease can), they can prevent activities in common areas.

I'm a first-time homebuyer looking to start my real estate investing journey and would appreciate some advice.

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market. 

I don't care if I'm ahead or behind of anyone else because my goals are not relative to anyone else's progress.I get your point that staying active keeps your skills sharp and that if you're active when others aren't you will have access to opportunities that they do not.