In which case game becomes finding reliable data sources and high-quality skip tracing that won’t keep your wheels spinning.

I'd appreciate any feedback on this and how I should think through my approach because I want to make sure my parents' investment is in an appreciating area that is flexible for STR/MTR/LTR if I need to switch things up.My experience is that I've run one STR before and am confident I can spin up remote operations with a property or area manager. 3 at once seems risky and a bit daunting, but I'm willing to do it.

The co-living (which is a modern spin on boarding house) is going to have the roommate challenges, the extra cleaning, the higher turn over and unknown of utility bills etc.

This is what is coined "SPIN". 

That's were I'm at, scared, working for someone else, no retirement and knowing a lot of information but spinning my wheels.

I've been spinning my wheels for a few months now trying to find the right market and strategy.

Driving for dollars is conceptually fine, but the VAST majority of your effort will be spinning your wheels.  

A clever lawyer could try to spin even a negative result against you.

Over the years, Marvel started creating spin-off stories and ridiculous cross-overs and alternate universes.

While it’s certainly possible to hook a fish that way… it takes a lot of spinning your wheels to try and find a workable deal… and then you have to close it.