Here is my reasoning and my regrets or lack thereof. 1) A weekly rental in Florida- Used this occasionally until I got married- wife didn't like it and I was losing money on it so I sold it for an overall small profit. 18 months later it was worth 60% more then dropped to below what I paid for it in 1999.

I get unsolicited letters, postcards and the occasional phone call from naive buyers.

Even finding multis is a challenge, occasionally a wholesaler will have a multi deal at a networking event, and there are realtors who specialize in finding properties for investors, but you have to dig deep to find them, the average real estate agent wants nothing to do with investors. 

I would also like to do the occasional flip to help provide additional capital to put towards future purchases of buy and hold properties.

I have read about Warren Buffet and occasionally read his Share Holder's report, very interesting stuff.

There will always be that occasional item you have to sign off on.

Taxes, Insurance and an occasional door repair are the only expenses....The sooner the rent flows the less cost to you. 

although they do occasionally find the tougher ones. 

We’ve had to track down occasional leaks thus far to get areas resealed to prevent further issues, but the age of the roof is getting up there.Good luck finding a good regional or national credit tenant to go into the space on a NNN lease.  

(Say, if you were here in my fair city of Denver, Airbnb reigns supreme.)More and more, though, I think these artificial lines are blurring.