Thanks for reading my post.After a year of intense savings, I'm ready to invest in my next property.

Well, I know that I worked Doug Fath's student housing program with great intensity because it sounded legit.

This is going to be a very labor intensive property in all aspects

Short sales have been time intensive endeavors with many of the lenders. 

If they property is in a more management intensive area, then the rate needs to be on the high end because it will take a lot of the companies time. 

We also have no other debt except the mortgages and we both have graduate degrees (thanks to basketball scholarships) so this is something we can really be adding money to.

I'm 68 and "retired", so do not want to commit to a BUSINESS and am not sure RE can be done as a "hobby" with great success.At present I trade currencies and options, but that is capital intensive and inconsistent income-wise.

What are your more professional opinions on these more labor intensive projects but will seem to provide a high ROI and a possible better flip?

I haven't done anything w/ STRs or airbnbs because they are very interior-decorating time-intensive in the beginning and then you need to find property managers who can manage airbnbs well.I like having some in-built equity when buying a rental; it could be a small multifamily w/ small repairs.

They're a little more management and maintenance intensive than a turnkey property in B caliber suburb, but you're compensated for this through the much higher ROIs.