When treating REI (rental properties specifically) as a business, do you take all of the net cash flow as owner draws or do you treat this like a regular business and take say 30% of net profit as owner draws?

If you are going that route, I would definitely recommend expanding your search beyond the solutions mentioned above, both of which are extremely "green" and still building out their capabilities as of 2021. 

Either route you go, just make sure you understand all the terms so you know what the upside and possible downside is of each so you’re able to make an educated decision based on your own circumstances and risk tolerance. 

I would like to hear some of the pros & cons associated with this strategy and how successful or unsuccessful this route has been from anyone who has done this.

So, I figure, I take the asset manager/acquisitions analyst route.

All you're doing by going that route is abdicating your responsibility in favor of the previous tenant, who may or may not have been doing what needs to be done and in the right fashion.

Generally people text us notice and we ask them to follow that up with email or regular mail confirming.  

This route just doesn't allow you to split the utilities, and you have to conform to occupancy limits for the whole house, instead of the units individually.

There are several Solo 401k providers that regularly post to these forums that could help you.

My parents' NEIGHBORHOOD is 2, because the grad students were trashing the yards because they didn't water or mow regularly, and the neighborhood also needed to throw out a frat that was misbehaving.