Here is a response that is not generated by ChatGPT. 

Renting by the room can be tricky and of course you are responsible for utilities. 

You can't do a 1031 exchanges with a REIT, but you could buy something turn-key in an appreciation heavy market, hire a solid PM, and start stacking equity to later 1031 into a turnkey multi-family and continue to grow.

From most of the deals I have seen, a lot of people in Oregon are BRRRRing and can buy deals undervalued and rent them out with solid rental income. 

If there is a REIA or meetup not too far, definitely join but be cautious until you get a solid sense of the agendas, knowledge and honesty of the participants.  

We've typically either structured them with a new LLC with a solid operating agreement laying out everyone's duties, contributions, percentage of risk, and percentage of profit.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

Most of my SFR are excellent tenants with solid income and nice neighborhoods. 

Assuming 5% increase in appreciation each year which isn't unrealistic over 10 years it's a $275k gain in equity which is certainly a very solid upside.

You have some interesting markets in FL that are still a little under the radar like Crystal River, but if you want a metro, Tampa/St.Pete is solid and still has inventory.But, there are A LOT of wannabe flippers and wholesalers who suck in FL so it is hard to just hop in and get stuff done before you build relationships.