There is a spectrum of risk and difficulty vs rewards as in any situation.

In fact, they approached me about the loan, not the other way around.My pool of friends and family probably consists of a spectrum of investors with different tolerances for rate, capital, term.  

Hey @Larisa Dalekorey,I ask what your goals are as passive income and building your portfolio are two opposite ends of the spectrum if you're only utilizing the current assets.

You may only need to do this once to get closer to the comfort side of the house hacking spectrum (as Craig Curelop describes in his book The Househacking Strategy).Regarding what rehabs are less urgent and time-consuming, here are some questions you could ask yourself about a given property:1.) what large capex items are outstanding? 

Going to be a huge spectrum here based on market and experience.

@Yong Jin LeeWelcome to BP, there are a lot of investors from DMV on BP and they all have a wide spectrum of expertise for every aspect of real estate

Your expenses are also calculated a little on the end of the spectrum.

In most mobile home parks on the low end of the asset spectrum they are generally without value.

On the other side of the spectrum, I leased a 6 bedroom home I owned in a very marginal neighborhood to a husband and wife who rent rooms to mothers and children escaping from abusive relationships who have money but don’t want to stay at a homeless shelter but want counseling and companionship.  

Major industries include healthcare, banking, factory/warehouse type jobs.Rents can be as high as 1600 plus in areas of Rocky mount, so you can have the entire spectrum.