Some articles indicate that as many as 42% of those who actively use the BNPL purchase option are either behind in their payment or behind in other payments for other obligations.Even though this is not something being reported to credit agencies, it could be something that starts popping up on loan applications as the amount of "phantom debt" in the system continues to grow. 

I sense a perfect storm coming for mom and pop landlords in the area. 

Burnt out landlords and mom&pop operations are also prevalent in the area.  

There are a ton of Mom & Pop owners that are free and clear on their parks. 

Get familiar with timelines and outs in the contract if anything pops up that is a deal breaker. 

When these properties do pop up, they get 15+ offers in two days; and they are quickly tied up under contract.  

You could search Southern California, or any other  term you are interested in  and every post with that in them (out of over 3 million of them) will pop up for your reading pleasure. 

There will be other large ticket issues that pop up as well as big things that will eventually need replaced like the roof, furnace, plumbing issues, etc.If you have enough properties for enough time the below or worse will eventually happen and repeat itself.

I don't know what's right for you, and with the online resources today being able to manage remotely only gets easier and easier, but property management is still a very labor-intensive business on average, and I would guess that eventually, a problem will pop up that you wish you weren't the one that had to deal with it.

Are you a mom and pop landlord whose most likely risk is a premises liability claim likely covered by insurance or a small claims suit for return of a security deposit?