Personally, I prefer a new build over rehab just because you know what you've got on it, but it doesn't always make sense money-wise. 

Yes a new person's experience could absolutely be different. 

In my personal portfolio there aren't any pet restrictions = better tenants, higher rents, and tenants that stay longer.

So if you are looking to meet agents, wholesalers, maybe a couple lenders, or some investors that have done a few flips or own a couple SFRs, you will find many people there.This isn't to say they are bad, but in the several dozens I have attended, they have not been worth my time, professionally or personally.  

If the pest control could put a  bait box at the outside front and back of your own personal townhouse, it would probably treat for all the mice in the immediate area, but I don't know if that's even allowed in a condo community.I would get a few other residents to bring it to the HOA. 

Unlike personal property, real estate also requires agreement on closing date, repairs, etc., so even if list price, cash is offered, another term might not work, so likely no way to hold a seller to sell until they actually sign an offer.

Quote from @Chris Seveney: I own a property management company, so my employees handle my management for me.

Let's goo.No DTI calc on a DSCR :) also, you may want to consider refinancing your other investment properties into DSCR loans or a portfolio under an LLC to remove them from your personal credit…that should help your DTI/utilization/credit scores.

I personally believe that landlords can be great change agents in a community.  

Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.