Time intensive, yes it sure is.

Things to consider are higher turnover and lower rents leading to making it more operationally intense than normal ltr.

If they are management/expense intensive you'll probably want to have separate accounts.My two cents: One checking account for each property that ALL income and expenses get paid into and out.

I think a lot depends on just how intensely DIY you are, but that being said...I have settled on a pickup truck and trailer combo for my needs.

The book simulates one of Conti's Intensive 3-day seminars, which gets students on the phone talking to sellers on day 1 and looking at properties they set appointments for by day 3.

We may love the intensity and rush of motivation, but for lasting change, discipline rules.

If you don't mind a somewhat more management intensive property, then room rentals are a really good option. 

If you were to BRRR a property into the bargain you could refinance just as you’re ready to move or you could sell and 1031 into possibly a larger MF that you could live in, renovate the other units and that you could then stabilize and refi etc.Try to avoid thinking of your rent as throwing your money away and instead consider that you are leveraging your capital in a more intensive way by investing outside your primary residence and choosing to let your landlord take care of Maintenance Expenses, Cap Ex, taxes and insurance so that you are able to more accurately predict your cash flows in order to pivot ready for your next move.If your NPV on the deal is greater than $18000 ( $1500 x 12)  then you haven’t paid your rent anyway right?! 

We have funding lined up for the construction, contingent upon the county approving our plans.This would be a low intensity retail development.

It is less capital intensive than say Fix n Flipping, however there aren't many sources for funding in this niche due to the risk and limited understanding.