The process sounds complex and time consuming, and can someone leverage the time for something that's more rewarding?

Buy what makes the most sense in terms of risk reward whether it be an 8-unit, SFH or something in between

Need to weigh the risk / reward on the deal to see if it has any value.

Lower risk, lower reward.Flipping by yourself or with a partner is more risk, more potential reward(also more potential LOSS).

And reward those who help you. 

But for those who are willing to put in the work and make some sacrifices in the short term, the potential rewards can be well worth it.

House hacking can be a lucrative method for cutting living costs and growing wealth in the real estate sector.When deciding where to invest, it's important to weigh the potential risks and rewards.

@Jose RamosInvesting in real estate in Las Vegas can be rewarding but also comes with its own set of obstacles.

Had the tenant let you know after they got the January bill and the water company didn't work out a deal with them, I might pay 50%....but the tenant dropped the ball big time and I wouldn't reward that behaviour. 

I'm exclusively using the Fannie mae Healthy Housing rewards now to remodel any affordable housing as removing lead and asbestos is a big profit center now.