The negative position consumes the initial cash flow; sometimes it consumes years of cash flow to recover the negative position.In most markets, ADU additions are not typically value adds.  

And often the “investors” we speak to haven’t brought us business to warrant being the first call when we stumble upon one.Second - consumers tend to be far more flaky than agents.

People are consumers and can't stop their addiction for buying more stuff they don't need.

But overall I feel being a Realtor is not quite as time consuming as it used to be.

I realize that raising equity for smaller deals may prove costly and time consuming but it seems an acceptable price to pay to build investor relationships.

Still building up the capital for my first deal while I consume BRRRR by David Green.

I have thought about short-term rentals, and may look at them again in the future, but Covid-19 has shown that some investments are natively more resilient than others, because they are more important to the consumer than other things. 

Otherwise, I have low expenses to a big expense item like roof or HVAC that ends up consuming many months of “cash flow”.  

Insurance companies will be passing it on to the consumers.

If I go conventional, the down payment will consume all my capital with no room for error.