Usually less time on the market and your renter pool is larger as well. 

Horrible.The REIT is essentially a "blind pool" investment.

Detached: A separate structure like a tiny house, guest house, or mother in-law suite in the backyard.2.

If it is more than one investor and pooling funds and deals then that is a completely different animal where you would file for a SEC exemption through a form D then ahve to file with each state the investors are in and have a subscription agreement and other docs drafted. 

I do not have loads of cash at hand, I have a few connections which I could potentially pool some cash together with.

hey tim, i should have been more clear. i will be doing all of the property management per se, just looking for an organizational tool via an app or software that will consolidate the communication for my duties. i only have one out of state property and just dont think the amount paid is worth the relatively low stress of this specific quality property and tenant pool. i will look into stessa and buildium- thank you for the recs!

I have an investment property with a small front yard and average sized backyard. 

House hacking involves partnering with a partner or co-investor to manage property, while real estate syndications involve pooling $35,000 with other investors to buy larger properties.

The house is a simple two bed one bath with a garage and a fenced in backyard.

@Preston Dean I personally like to make sure I have a set amount of reserves for each property to cover things, so if you have a pool of funds sitting aside personally I would just earmark a certain amount that you don't touch except for that property (or an emergency).