Brad, I appraise commercial real estate. If you have specific questions on apartments etc I may be able to help. I may have missed it but somewhere you said small property. Assuming you are not doing new, the MF market is very strong. Demand and absorption has started to slow but that's not surprising considering the thousands of new units saturating the market.
Even if you take the plunge on the apts, you may not have to quit your job. (I know you want to.) But you may still have time for a life outside. Management companies charge somewhere in the 3% to 6% range and they get to to the dirty work like repairs, background checks etc.
On the daycare side it all depends on the lease. Who (rhetorical) is the franchisee? How much expierience do they have? What is tenant vs LL responsible for? Term? Etc. Cap rates or GRM's can be all over the place. But once again, on a net lease and new building, there shouldn't be a lot of day to day issues once it's up and running. Good luck. Let me know if I can help.