Person/Company buys house and is offered 5-20k to let someone else have the house.

I personally am using the "value add" strategy to get my rentals to cash flow. 

House hacking will also give you some personal "property management" experience.

As others said if you have a personal use for it then do it.

Additionally, townhomes appreciate much slower than detached single family homes tend to.My personal advice would be to sell this property and then 1031 either into a better property near you that is low maintenance, or (probably better for you) invest the capital into a syndication or partnering with an active investor where you should get returns better than the stock market. 

Personally I've been investing myself for the past 4 but mainly on Flips and or SF rentals.

Hi all,  out of curiosity and personal interest in achieving this as well, I would like to get the GC license.

I personally am looking a MTR in that area, rather than the beach strictly for headaches regarding hurricanes/salt.

I haven't had an eviction in many years personally.

I personally spent 2 years bringing this cabin from 1970 to 2023 remodeling the entire property.