I'd keep at it in your area for the time being and get more experience and take advantage of house hacking opportunities as much as possible. 

100% Understand.........I had 750 Tenants living in my MF Bldg's..........There are absolutely ways to get off the SFH treadmill, trading those assets in one shot and stepping into low-risk, single-tenant, 10+ year leased properties, backed by Nat'l Credit Tenants like FedEx, Amazon, UPS, and other solid companiesLooking for a better strategy, I combined my banking, real estate & Renewable Energy experience to develop the "Energized Real Estate" model. 

Make sure you connect with local investors and realtors to hear what their experiences have been (if you haven't already done so).

It may look like you are overpaying on it on paper but if you buy nice product in nice locations you will appreciate and be well occupied at the same time in my experience.  

Hello all,I am new to bigger pockets, but I do have experience in real estate investing with SFH rentals in Northeast PA. 

While it only returns 5.23% currently, it provides a great cushion allowing sufficient time to wait out a crash without having to resort to selling properties at inopportune times - at fire sale prices.5- I keep a large part of my portfolio in high yielding notes secured by real property - and while I want every loan to make payments as agreed, my experience indicates that a certain percentage will default with me owning the property during periods of economic contraction.

We have a lot of experience with portfolios and helping investors take this route.

I’m not looking for advice to see if this would be profitable or not, right now I’m looking for first-hand experience with allowing guests the use of gym equipment and the liability that may come with it.

Calculator only favors 1 person in my experience... only way to be fair is price check the materials and look at labor numbers basically kinda gotta train yourself to be a gc calculate it on your own and shop gcs till one fits your #  

The experience emphasized the importance of strong partnerships and local market knowledge.