That said, I'm sure it's possible somewhere but the reality is that being FHA approved really only helps the association and its members and the Board has a fiduciary responsibility to maintain, preserve and enhance the value of the association.

It's just that I'm with a family of 4 right now plus dog and I don't think that fits our lifestyle even though it would accelerate our wealth building.

I have 12-doors there and am staying active.I actually grew up in northern Michigan but came out to the Bay Area for college, stay for more than a decade after that, and then relocated from Walnut Creek to Metro Detroit from 2017-2022.We grew our portfolio from 0 - 12 doors between 2019-2021 with the goal of generating at least $15k/mo in gross rents so we could move back to CA without sacrificing lifestyle. 

This can significantly enhance your property's appeal.3.

This city also features a mix of residential and commercial areas, along with numerous parks and outdoor recreational opportunities, making it a desirable place to live for those seeking a quieter suburban lifestyle.4.

Above median lifestyle factors start to come into play, it's about what they want and preferences.

I certainly don’t mean completely passive or uninvolved with my properties, but that the bulk of the management is being handled by a third party, and that I get to a place where I no longer need to ever find another deal if I don’t want to and can live the lifestyle I want on what I’ve already acquired at that point. 

If that doesn't fit with your lifestyle, look at properties where you can add value somehow.  

The goal is a flexible business to support my lifestyle where I can shift to be more or less active depending on circumstances & desires.I'm interested in buy and hold with cash flow or appreciation (definitely no feeding a rental though).

We currently have interior designers, real estate agents, web site designers, digital marketers, executive coaches, drone photographers, and lifestyle brand as our current members.