and if so, what product do you recommend?

I am staying in the primary residence, wife is moving out and keeping our single SFR out of state investment property. 

And that’s why almost every single person on the Federal Open Market Committee believes that it will be appropriate for us to reduce interest rates this year.” — Jerome Powell, Federal Reserve Chairman, during his “60 Minutes” interview.

I am surprised at the 100 hours+ of management for a single STR.

It sounds like you want to be a rental property owner/investor and not just looking to minimize your out of pocket housing expenses (getting a roommate to help cover your mortgage with a single family home).  

I own a large portfolio of single family rental in Memphis, TN, I'm happy to share my experiences and my network with you. 

Here in milwaukee, you cant pull a building permit unless you have a contractor’s license which requires a state single family dwelling contractor’s license which requires a bond or insurance.

You continue to listen because you have the confidence in yourself that you can also participate - that's what BP offers.Married parents, single parents, and felons have all been on this platform sharing their stories with you.

I am interested in LTR with a multi-family property that has a total of 4 or more bedrooms or single family home that has at least 3 bedrooms, purchase price between 160K-230K, and does not require a large rehab. 

You can build with equity and do more of a multifamily product not single family and do much better.