Value adds take effort and are much less passive than purchasing a property without the value add, but the value add can provide a means to acquire sweat equity.  

I greatly appreciate your time and effort to help me on my question.A little more information surrounding the deal.

Assuming rent is $1,000 a month, you've already lost a minimum of $5,000 which would pay for 2-3 years of professional management and save you a lot of time, effort, and stress.

My efforts are primarily focused in areas near the Hood Canal.

Bigger profits are created with bigger efforts on your part.

Agreed, it will all depend on location and price if I can make my deal work, might just take a little more effort in this area.

Cash flow wise, I make a lot more from the Airbnb but I also put a lot more effort into it.

At this point, I'm doing a ton of research and reading daily but I find all the books and articles in the world can never quite give you the "boots on the ground" feel for a particular area.In an effort to become more knowledgeable, I've been trying to get a handle on the different markets around the country and which are already solid and/or up and coming (COVID-19 issues aside...).

If you have a local partner, this will reduce their efforts as well. 

Even then, several businesses will be seeing over seas demand dry up.The only things we know for sure right now are that nothing like this has never happened before, our institutions (financial, business, political) were not prepared for anything on this scale, a lot of investors and consumers are carrying high levels of debt, and the short and long term implications of our crisis management efforts on the economy are not understood yet.Hopefully it works out and everything goes totally back to normal in a month as if nothing ever happened.