The pressure was on because we had now spent nonrefundable investor capital and the only way of generating a return was to complete the building, on budget and schedule, lease to tenants, and begin generating cash flow.We spent the next two months re-designing the building in an effort to squeeze out every drop of revenue potential, while holding construction costs at an affordable level.

I’ve never done this either, but people appreciate the effort and hustle, and for the right person, that’s more than enough reason to work with YOU.

Given the current global situation do you think I sleep better that way rather than wondering what happens if tenants don't pay AND I have a mortgage?

VR will make more money, but take a lot more time/effort.

They NEVER sue. 1) No lawyer will take that case 2)Going the small claims route takes some money and effort.

Then you then have 2 options. (1) is to take @Ian Ippolito's strategy of maximum risk reduction without worrying about mental energy, this will create the best investment outcomes. (2) is to try to optimize time/effort/energy-adjusted-risk, which can be appropriate for people who are looking for a passive experience, and maybe is appropriate for you. 

It takes hard work, effort, determination, sacrifice and a strong work ethic to become a residential investor.

Most buyers put very little effort in finding a good agent; they literally work with the first one.

With the effects from the moratorium, rent control, and other pieces that aren’t advantageous for owners, finding the right property could take more time and effort.

SO not worth the effort.