The $20k+ I pay a PM means with a dozen properties I literally spend less than an hour a month on a dozen properties.

Expect a higher rent rate, but also higher turnover and longer vacancies.I've rented to dozens of traveling nurses and would say about 50% of them were nuts.

All in all it depends on the mindset of the investor and dozens of other things smart people consider.

House-hacking in a multi-family unit is one strategy I wish I had been aware of when I chose to purchase my first property.

There are dozens of problems you can face as a landlord, and I feel it's important to have a plan for all of them.

Go search the topic "Lifestyle Asset University" here on Bigger Pockets and you will see a longer thread with a lot of opinions (most are not members) but still worth a read as there are a half a dozen paid members from our group who have commented on that thread.We were formerly called Lifestyle Asset University, but I didn't realize that you couldn't use the word University in your company name here in Utah so we changed our name to Vodyssey. 

It forced me to reach out to developers, to engineers dozens of local builders and most important like minded individuals.

In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years.  

Once you figure out something that looks good to you then you'll be able to find an investing strategy that works for that area.

I’ve focused mainly on Florida but have also looked at options in Sacramento and other slightly more remote locations in CA.While I’m familiar with value-add strategies (ADUs, renovations or storage rentals), these seem like heavy lifts for modest gains.