Any other objections or experiences investing in an area that sounds similar to this?  

So, I will continue to educate myself, and I will pass each deal through local investors, the collective mind of BP, objective tools like the BP calcs, and the boss.Cheers!

A typical progression for a new investor with no or very little capital is: 1) Bird-dogging / wholesaling2) Rehabbing3) Investing for long term cash flow (that's your final objective from what I understand)You can start by looking for deals for other investors (bird-dogging).

I can see how some renters would object to that and would prefer to have more control over when a payment is made.

A busy mom may have different objectives than the stress of rental properties.

Don't get caught up in new shiny object syndrome with all the technology, KISS in the beginning. 

You could achieve the same diversification by investing in multiple deals, with multiple sponsors.....maybe even in multiple markets with multiple investment objectives.

@San NguyenYou didn't mention what your objective is for this property.

And my business targets the most legally conservative (California probate attorneys and their clients) in the country.So, pick an inanimate object or something around you.

Instead, focus on short term (3-6 month), SMART objectives.