The risk is far lower, with a better ROI.OR you can consider learning about government contracts and performing lease matching. 

I think you have to find what your strengths are and what your risk tolerance is in different areas of RE and look at your entire financial picture.  

So sad...... what is scary too is they only have them 10-20% contained and they are expected to get high winds again which can carry those embers pretty far. you also have to think these fire fighters etc. have been working around the clock and must be exhausted.

If you use cash flow - it's more safe imo and debt leverage is risk but reward if you execute on a value add project.

YOU need to understand that you are ASSUMING a lot of RISK managing your property as you are (room by room).  

It is very important to have a solid team and strategy in place, because you’re taking on a lot more risk than a typical rent ready purchase.

#3 Sell and invest elsewhere.Condos add risk. 

Having the seller carry a second is not a problem for the first, as long as their business with you is finished and the loan has closed.

When investing in high cash-flow markets, I always recommend working with an investor friendly agent so you're able to gain the right insight on the different areas and the risks involved.

I’m willing to have some risk but not to the point I go under if I can’t leverage the mortgage on my own.