When considering a property the first thing I look at is the quality and quantity of available tenants.

Most of the return is appreciation/equity in real estate investing anyways on here people preach cash flow but it’s real life a tiny tiny part of your total return. 

Quote from @Matt Heidenfelder: Does anyone have a good Texas or National lender who specializes in mobile/ manufactured home loans and creative financing for tiny homes?

It's mostly just unprofitable on-market buy and hold with a tiny sprinkling of wholesaling for newbies.Marketing is gone. 

Quality over quantity is what I ended up focusing on. 

In another home my tenant refuses to pay the $200 / mo water bill,  thereby cancelling out my tiny cash flow profits and i have to pay it.

You’re right, it’s not just the hours — it’s the randomness and the fact that you’re on-call like it’s a tiny hotel 24/7.The late-night toilet emergencies and “can’t find the WiFi” texts at the worst moments really do add up, especially when you have more than one place.I respect that you’re building now while you have the bandwidth — and also planning ahead for when your priorities shift.

I don't believe apple will ever produce a technology so revolutionary to justify current market cap, and splitting into 15 billion shares is ridiculous. even if there was 100mm worth of rental property, it is uncharacteristic of the asset class to split itself into billions of shares even if it is possible because real estate is real and tangible you can drive by, see it, knock doors, talk to tenants, there is no real asymmetrical information available the right sleuth can find just about any information about a property from public records and current tenants - and splitting into billions of shares on a REIT would just mean that each of those tiny shares would be priced based off the performance of the asset.

There is definitely a "luxury" market that does well, and you can track those down on AirDna or otherwise, but I think those can get lost in the quantity of supply that's come online over the years.

I focus specifically on DSCR and Fix and Flip funding with a tiny bit of primary home financing mixed in.