For larger projects this may be more as pre-development costs for a project of this scale can be intensive. 

Also buying and rehabbing sounds appealing, but again, very time intensive .I guess I'm looking for ideas and advice on more hands-off approaches to RE investing, that way I would still be able to maintain my current position until I'm committed to jumping in F/T and dedicate myself to a specific niche .Thanks for reading and I welcome all feedback .

For what its worth, they teach a 3 day intensive boot camp on finding, evaluating, due diligence and operating mobile home parks.

It's no different than in any other knowledge-intensive field: medicine, law, IT and, of course, real estate.

Good STR hosting is not as labor intensive as running a B&B but it does require some of the same attention to customer service. 

Point being - it's super profitable.But what you don't see on paper is that it is very management intensive. 

So this project will be capital intensive, with a purchase price of $500,000 and a rehab budget of $120K- $165K estimate to add additional square footage, revamp layout, and update.

Also like others said, it's time intensive.

I work an intense corporate job, have kids at home and have ailing parents.  

You will see a lot of high intensity debates on here about a lot of topics.