At that price point, tenants are grateful to have a landlord who actually takes care of the place proactively, refreshes elements of the property before they're decrepit, etc. 

Even though my first property only needed under $800 in repairs, I definitely felt out of my element in this area.

I own an environmental consulting corporation and am a real estate investor (currently selling all of rental houses in seven states - taking profits, and see a cycle peak and downturn coming) 

One element I believe that has been left out of the equation here is whether or not he will qualify for a loan; any loan. 

When you add long distances, you add an element of risk.Quote from @Alicia Tingey Geddes: Hi BP friends, My husband and I are saving up for our first property through travel work.  

But I'm always looking.There is an element of forced appreciation in the strategy as well as control through direct management.

If I only took into account the cash flow a property generates I would be missing HUGE income elements of owning investment properties.If I spent $100,000 to purchase a home then there's no way I could scale personally.Now, the author does address this 2nd point. 

If one partner sourced the deal, one partner was a GC and handled rehab and one partner handled legal aspect I could then say they all contributed funds plus an addl element to the puzzle , then I could see where pooling your skills and efforts at cost would benefit the whole and dividing profits equally would be fair and reasonable.

I have learned over years and years the percentages of a buyer being able to actually close on something based on various factors.For example if you have all these elements against the borrower and on top of that they are doing a small deal of 1 million etc. in commercial it's not worth the time.Lots of people learn, a few put in offers, even fewer buy, and even fewer buy SUCCESSFULLY where they will make money during ownership and disposition.

This allows their businesses to scale, but can trim out some of the human element.