The PM said they don't up-charge, but most repairs and expenses were ridiculously high.

Although, I have not bought anything recently since the market has gotten too high/hot. 

It can be done but it may take years to build up cash flow especially if you live in high cost area like CA.   

The stock market, gold, Bitcoin, and most real estate are all at all-time highs.

For example, should we focus on acquiring one high-quality property in a strong market, or would it make more sense to spread the investment across multiple lower-cost units in emerging areas?

We are NOT a fit for low quality assets such as C/D or uber high input such as sec8 or mid/large MFH.

One highly effective way to find off-market deals is by leveraging trained VAs to handle lead generation and outreach.

As a person who has lived in NC & SC and Phoenix, I would highly suggest AZ.

Highly recommend Umbrella Insurance ^

The best defense against rats entering your property is to seal off all entry points (holes, cracks in walls), remove food sources (dirty dishes, food left in trash cans), and water sources (like leaks).