As an Accountant and CFO with two decades of experience in real estate management, I’ve observed that landlords often handle things differently.

I am also a project manager and a architectural designer for a real estate developer in NYC. 

(No whole house rentals.)

.: @Srikanth Kumarjust curious how you plan to manage a BRRRR from out of state. 

Absent them, risk is controllable over time.I self manage a SFH in the Bay Area in a very pro-tenant city (some cities are a little less pro-tenant than others).

In fact, I've managed hundreds of homes, thousands of renters, and I've never run across one.

Stick it all in a rental, house-hack, index fund, or small business shot.

I guess the only thing giving me hesitation is that it looks like housing prices are at all time highs even after adjusting for inflation:https://fred.stlouisfed.org/se...Housing affordability is worse today than it was at the bubble peak in 2006 if you believe Case Shiller data. 

We share best management practices, systems & tools, and our networks.

I’m not looking for a completely passive approach, even though I’d be managing it from outside the country.