In this market that's hard to find cash flow, I'd offer to look into a live-in-flip to get your feet wet & a solid understanding of rehab costs. 

Is the opportunity still there for new people?

Many people do that in order to buy more real estate.

I have looked into the PadSplit model and am interested, however, pad split is mainly into finding renters and not so much being there for turnovers or other things. ( At least that was my understanding.)The representative I talk to with PadSplit, told me that some owners find an additional manager that charges them less than of a fee because they’re so little for the additional manager to actually do due to padsplit systemHas anybody dealt with this sort of thing and found an additional manager to work with on this particular model? 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

This means researching the market, understanding tenant demand, and ensuring the cash flow comfortably covers the loan payments.

That put me on the right path of finding the career of my life and led me to meeting the most amazing people who absolutely change my life.

And you'd be spending an additional $10k on lawyers to simply lose the case.The only way people successfully prove willful misrepresentation is if you happen to come across a contractor they called and gave them a quote to fix it, and they didn't and didn't disclose.

I thought about writing letters and posting through the letter box of the nicer small multi family i see, but i understand the owner likely doesn't live there.

You could try doing SRO for Short Term rentals as well, but that seems like it would be way more hands on and you may deal with headaches more often with people coming and going more often.Last, lets talk about how income works on STR vs Long Term Rentals (LTR).