Watch out for adults renting for their kid's youth group and the actual renter is not even there, just unsupervised 17 year old football players and cheerleaders.One thing to consider in buying a house is emergency response. 

I had a family emergency with unexpected medical costs and had to cancel a reservation.

So now I’m stuck at the stage of choosing a market.I have ~$60k saved up and set aside (separate from personal expense/emergency funds).

Anyone that is in emergency mode, won't contact you because they need help now. 

After thorough research and introspection, syndications have emerged as my preferred avenue for real estate investment.

@Brooklyn R.that would work unless it was an emergency situation i.e.

I would think it'd be pretty simple to calculate his actual rent income based on the properties current conditions and explain that at best, the tenants in place stay for years to come, he continues doing the bare minimum, and his highest predicted income is x dollars, barring any emergency spending to keep the tenants happy.

Rental pricing, the value of having enough money in reserve for emergencies.

I can see my retirement (401k, Roth IRA), my liquidity (index funds/personal emergency fund/RE emergency fund), health related expenses (HSA), kids college (529 state plan), savings (HYSA), Real Estate equity (through appreciation, equity capture at the buy, loan paydown) etc.

@Aaron MayWhen you are self managing, how do you find a good person to be the local go to person for emergencies?