But I remember when they weren't so automated and you could actually call someone to talk through issues. 

I closed one last week in the same market where I get a call at 7am remember i am west coast..

But remember that for studios, tenants typically would pay their own cable, electric and other utilities and maintenance, so the gap is bigger than just the base rent comparison.Our tenants have the option of paying an extra $10/week to have a mini-fridge in their room, and $10/week for weeks they want a window A/C unit.

I also believe that your Lot area has to be a minimum size in order for it to be considered "by right"I remember that some of the reasons why I didn't convert duplex to triplex:1.

I remember the 1st time I did that in my mid 20's and I was on cloud 9! 

Remember investing in Qualified opportunity zone all yourself will require heavy compliance.

I remember my first Airbnb in Denver 11 years ago in my basement studio (different life).

I remember listening to a podcast episode of someone who would rent their LTRs to a non-profit at market value so they could use the housing for people in need.

Just remember for every glamorous flip or lucrative rental, there’s a puzzle waiting to be solved, sometimes involving old graves, sometimes involving new regulations, and always requiring creativity and patience.So, the next time you’re having a bad day—your contractor didn’t show up, a deal fell through, or you just discovered your property has a surprise pool—just remember: at least you’re not trying to figure out where the bodies are buried.

Remember that it takes a bit of cash to put a down payment, have capital reserves required by lenders, and rehab the property.