Recognize being the GC is work, requires strong organization skills (especially with tight timelines), decent communication skills, and design skills.I have acted as GC many times and have done well on these rehabs but I recently completed a large rehab (completed mid May).  

So.. if you accountant finds ever single expense/deduction to throw in your tax return to reduce you taxable income, most people appreciate it. 

I compare leverage, insurability, taking write offs, cash flow, monthly  expenses, transportability, speed of decline in a crash, ease of unloading in a crash, forced equity improvement, things like that.

It is less expensive than one year at a good college and 10 times more valuable in terms of the education you will receive.  

The time flies by when you are under the time requirements. 

Also, at a lower price point OR by offering more than comparable rentals that good tenant stays longer causing you less expenses for turnover/vacancy.

Expenses go up every year, especially in the recent years with the inflation, so if the owner is not raising rents, the returns are declining every year. 

Older homes are quaint and charming but require more maintenance.

I send it with USPS proof of delivery but no required signature verification.

I’ve never been a landlord and the area I live in California is super expensive, so the numbers just don’t work.