I was just speaking with a property management company and he isn't having any trouble renting his units. 

i have a property out of state that i self manage, that is easy as pie. 

From a property management co owner we don’t need any reason not to renew someone’s lease.

Cons: Property 1 has strong expected IRROption 2) Sell property 1 to pay off a construction loan on property 5 and purchase new SFR -- Pros: Improves cash flow by $1,000 / month, Adds $40k cash to bank account (after $30k loan repayment and $40k SFR purchase). 

Some business owners have found success hiring assistants from South America, benefiting from similar time zones and language capabilities.The turning point for me was enrolling in a course on hiring and managing virtual assistants, created by Anna Li.

Perhaps I would buy properties for rehabbing, fixing and renting and using vetted construction crews to help other investors to fix the properties they have acquired.

Once she moved out a couple years later, we hired a property manager and they have been great. 

If you are out of state and trying to do a major rehab, unless you are in construction for your full time job then my recommendation is one of the following:1.

Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision

The value add on this deal is in the MANAGEMENT and OPERATIONS.