A frequent contributor here recently posted that:

"When you have a dozens of properties, it's more of a constant headache.... Fun would be selling everything, place the 8 figure proceeds in t-bills and bonds and relax. However, the downside would be a massive tax bill and me being bored"

As someone who has a full calendar and lots of personal interests and fun projects and travel I enjoy in my life, that kind of comment scares me as I consider if I want to invest into a flip or a BRRRR, etc.

For those of you who have family, friends, activities, jobs, and other passions that fill up your life, how do you balance active real estate investing? Do you have a number of properties you think is a limit in terms of what is feasible to manage? Do you find PM companies and other strategies helpful to mitigate this problem without being too much financial drain and not screwing things up for you?

Is limiting yourself to flipping and not holding properties a strategy that helps avoid these headaches?