Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I have a strong network here and know the key players/stakeholders in the community and am trying to learn how I can get involved to make an impact to change the community and restore the existing (beautiful) infrastructure. 

It will say way faster, easier for showings and easier for everyone involved. 

It involves analyzing the real estate cycle and identifying the right moment to buy and sell properties.

Had horrible luck making good money without too much time and labor involved. 

Meaning if there are partners involved, are you compensating your self for the time you are spending on management?

I also wouldn't be involved in day-to-day operations onsite.

The older I get the more deeply I feel connected to this idea of only being involved in Win-Win situations. 

If the person managing the synidation does not have a pre-2007/2008 track record, that is not one I would get involved in.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.