I’ve been reading extensively on strategies to minimize tenant vacancies through smart investments, and I’ve come to realize that many other factors play a crucial role when managing rental properties.

In your case looking to larger assets where you can effeciently cost segregate to gather bonus depreciation would be a smart move.Appreciation - Where in the country is the asset class you like growing or going to be growingAmortization of the loan - What sector or even region if you look locally for funding, is going to offer the most favorable lending so that less goes to interest expense and more to pay down of principle.Have fun with a spread sheet comparing these 4 returns from your investment with the type and location of assets you find attractive. 

There are lots of opportunities out there that only a few thousand is needed (10k or less). 150k can go along way if you are playing the game smart.

Smart guy with the most practical advice, some great books, and he started in California.

They have their own payment platform (you could use Stripe... or GuestyPay), they have their own dynamic pricing (you could use PriceLabs... or GuestyPricing), they have their own smart locks (you could use RemoteLock... or GuestyLocks), etc. 

But that should be a buying indicator for a smart investor as you can get some really good deals on the bigger ones.I actually saw a 5,000 sq ft cabin (maybe 10 years old) that sold for just under a million. 

Is that possible or smart to do so? 

Several doctors and lawyers and other smart people literally crying on the phone to me as they realized their whole retirement plan was done and they need to work into their 70’s if they wanted to retire.

We were both pretty lucky and made some smart choices with what we had.

There may be a few who may make smart azz comments about this, but they have no clue, this is a very serious side of finance.You need enough to enforce collections, pay for an attorney to foreclose, fees are often limited by law for a trustee to 10%, so a 60K note could be 6K to the trustee and there are other costs.