Like you mentioned, the money in the market is effortless.

In total, including money lost from rent, legal fees, and repairs, the situation cost almost $30k.

B) I don't have to give the contractor any money upfront for anything.3.

The dollars for the light renovations would be the only money you'd pay to us directly.

Neither of those pencil out.I think you'd be wise to save the money and find your own leads.

I am curious if you had to invest any of your own money in the form of equity or to pay for some of the remodeling.

I would rather do this and retain my money then give it to the bank as interest. 

You have zero control over the stock market, whereas when you do private lending, you have significantly higher control and contractually guaranteed return on your money.

@Yooni Choi managing from out of state (OOS) with ZERO previous landlord experience - probably won't go well.You WILL make a lot of mistakes that will cost you money.

Quote from @Tiffany Henning: I am in the same situation but ultimately will most likely go with Seth Williams because it is not necessarily a money-making funnel for him but more his heart to help.