But many people need to consider if they are financially ready for it or not.

Most lenders require proof of someone else paying the note for around 9-12 months so that the debt isn't counted in their DTI calculation.

I originally wanted to do a quad but financially I know I can’t fund a project that large, unfortunately.

They love the idea of wealth, financial freedom, but don't want to put their own financials on the line.

We’re trying to invest with a long term mindset with as little debt as possible.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If you truly enjoy property management, it might be for you, regardless of financial consideration.If evaluating the question purely from a financial standpoint, it comes down to the value of your time. 

Even if a title company were to manage the setup making sure all parties are paid, the cheap debt and cash flow would not be enough to be enticing to any investor even if midterm rental could yield a healthy return. 

A financial calculator and legal pad might work in the hands of someone who knows what they are doing, but that doesn't mean it's the best way to do it.

Prioritize your financial stability.