Unlike real estate sales, which is typically very broker intensive/hands-on, a PM biz is so much easier to run in a more absentee fashion.

Finally some investments are time intensive and others aren't.

(usually the bare minimum) I posted this in the rehabbing thread since this business has helped me a TON in learning how to estimate repairs, material costs, how labor intensive certain projects can be, I've built a long list of contractors and tradesmen, I've learned from the people I surround myself with, pulling permits, dealing with city inspectors, budgeting, etc.

Obviously apt buildings are very management intensive and many of these owners would like out of them as they get older, but still need cashflow and don't want to pay taxes and capital gains.

Or better yet, a grain of Millet…less climate intensive 😆

Now, he created his own basketball camp.

The builder approval and overall loan process is fairly intensive so there are pros and cons to this.

Probably not a great BRRRR type product but it doesn't mean you can't make money in the space.Like any other investment, you'll want to look at the total package to figure out if it makes sense, ie, can you do better here than investing somewhere else, especially since the higher price points and finishes required in your rehabs will mean it is more capital intensive than a lower end deal.

Although it’s a capital intensive business, the return on equity is solid from the MFH I’ve seen flipped on the market. 

Not real clear on your intensions?