That is probably a big part of why you're finding it especially hard to locate deals.What markets do you currently own in?

I rent by the room and each tenant gets their own lease.

If a room has their own bathroom, obviously that would not be part of the cleaner's responsibility as they would not be entering any of the private spaces.Renting by the room will get you more money, but will also require more work on your part as there will be personality clashes (do not get involved in those).

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

Does it make sense to take this approach if we don’t plan on owning and managing a ton of properties? 

I guess everyone has their own preference.

Between some others in my family and myself, we own a few different properties.

I learned SO much reading and editing BiggerPockets contributors that I turned around and did a bunch of my own deals — a flip, 2 house hacks, 2 short-term rentals, and one long term.

I own a rental house in Santa Rosa Beach, Florida.

I owned a home in queens, so house hacking is not an option for me.