You don’t need more methods, you need one lane that aligns with your household’s risk tolerance and long-term goals.You’re asking the right questions.

Save money, invest in quality assets, and wait. 

I operate and self-manage multiple STR's.The second part is you need to check up on the quality of the work. 

.• Out-of-state can work well if you have strong local property management and realistic numbers.. some of my clients use a 'hybrid' method with software/VA platform and we help them with the vendor network.  

Consider tenant quality as an assetReliable tenants who pay on time and take care of the unit reduce:Vacancy lossTurnover costsStress and management timeThat has real value.

Think stability, tenant quality, and downside protection more than scalable cash flow. 

I still use that same method today when Looking at new neighborhoods.

Its likely that you will never see money back from that tenant, so it may be in your favor to offer them money to leave immediately so you can get it leased back to a higher quality tenant and restore income to the property.

It is a very high quality pieces.

Buy quality properties in growing and desirable markets and wait.