Or your building may have a "surprise" issue that costs you tens of thousands of dollars to fix (but hopefully one has healthy cash reserves to cover these issues when they pop up).Also, past performance itself is easier to see transparently with a rental property than with a publicly-traded company.Even as a CPA, sometimes when I read the financial statements and annual reports of publicly-traded companies, I'm left wondering what kind of tricks they're playing on the inside to make themselves look better than they really are.But with a property, the due diligence is a lot more straightforward.But of course all these advantages of property come at the cost of investing a significantly larger portion of your wealth into a single, illiquid asset than you would if you wanted to invest in a single, liquid stock.Anyway I rambled a bit there, but my personal philosophy is that both equities and real estate are incredible wealth-building tools, but similar to @Andrew Johnson I am much more "active" in real estate.

Based on my experience as a tenant the fob key system is very easy to use and seems to be a very popular method.

I've been all over the place on the web looking at the most popular turnkey rental investment places such as Morris invest, Memphis invest, etc.........only reason being I'm looking at this area is because I'm not sure if I'm gonna invest in my area. 

Even if it never happens I think it is good to think about as a thought exercise.Looking back, the assets that have appreciated most are the most popular.

For example, a slightly more detailed version of the steps that Account Closed provided in his post would have been incredibly helpful.

This would mean incredible opportunists to buy, which makes me want to hold off on buying now and just stack as much capital as possible for when the inevitable happens?

There is a huge demand not only for owner occupied 2-4 units, aka house hack, but also there is demand for pure investors not looking to owner occupy.  2-4 units are a popular investment vehicle and is loudly touted from the roof tops in my circles, REIA groups and all over the web including here where the term house hacking was invented by @Brandon Turner, though I think I personally did house hacking before him, but didn't know the term.I have related in print previously about a friend of mine who bought, a condo, 3 townhouse, a 3 unit apartment, a 4 unit apartment building and a farm; all as an owner occupant. 

This is a very popular strategy as you're building your portfolio. 

incredible story @Joseph Druther!

Welcome @Austin BurrousI'm new as well from nearby Tucker, GA and have found this site to be incredibly useful.