It works for them, and I don't want to expend the time and effort to learn something new that may cash flow the same or not, but definitely take me away from my current strategy.

This doesn't work in my expended family.Take over his payments, if you want to help him out of this temporary hardship.

So in the end, it also depends on how much of your own resources you'd be willing expend on your property.

I live in NY, Staten Island to be exact, and am presently a renter myself, with little to no expendable income for investing.

I wouldn't expend any money of course only out of the proceeds.  

We have a long-term Section 8 tenant, and the main issues I have (Section 8 differs in each city so research the rules in your area) are:  they have very little expendable income to keep the property in good condition, so expect bare minimum, especially if yard work is expected, and my city does not allow rent increases unless you can prove improvement to tenant and even then only max 3% annual if it's approved.  

Except......When Note was due (8 months), Borrower submitted an Excel with $50K that he expended ABOVE the borrowed $325K ($100K was supposed to be rehab, now he is claiming it is $150K rehab and he spent $50K without telling me). 

He never actually owns the note nor does he expend any of his own capital on the purchase.  

I said ALL of that to say, it's definitely personal preference, but he seemed happy that by and large he expended a minimal amount of his own money to pay off the homes he owned.

This will likely inhibit your cash position and slow down your ability to accumulate liquid capital as you will expend a large amount on a downpayment, pick up a mortgage, and incur maintenance expenses that go with every homeowner.