Yeah, various factors kept adjusting but for majority part it was the same sport. 2020, everything changed.

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I have read multiple books on the subject but I am lacking someone in my life that has already walked through the process. 

This gives you flexibility and a clearer understanding of how you’ll proceed based on market changes.

Many opt for other investing methods in their SDIRA like private lending, crypto, private equity...anything except collectibles and life insurance.Note that a Solo 401k is exempt from UBIT on leveraged real estate so if you have self employment activity and no full time employees save for you and your spouse you should consider the Solo K as an option. 

Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.

Malibu allows it but requires a 15% "hotel tax" on the gross revenue.I would recommend looking out of state or underwrite the property as a long term rental in the event laws change.

As others have said, it's all about your life situation.

Quote from @Jonathan Baptiste: I've house hacked for a year but have been handy my entire life.

Over time, as you build more properties, the cash flow and equity from each one can be used to fund future investments, creating a cycle of growth.Why BRRRR Works: The BenefitsThe BRRRR strategy offers several benefits that make it appealing to investors:Leverage Your Capital: The ability to pull out equity through refinancing means you don’t have to wait years to accumulate wealth.