RE as investment, part time job or full time job? Hours avail to spend on RE

[William P.]

As I read the forums, I realize that a major way to categorize RE market participants is by the amount of time they can devote

From least to most time

1) passive investors. Have FT job.  Dont have/want to spend a lot of time on RE, ie dont want a part time job in RE

2)  active investors - Have FT job/career they want to keep for the foreseeable future, but essentially make RE a part time job.  They love RE and/or have a lot of energy. 

3) Full time intenders - these people have other work now, but want to make a full time career in RE.  This type is fairly prevalent on BP.  Often times these folks seem under-capitalized.

4) Full time RE investors.  This group is always interesting to hear from - lot of knowledge. Also like hearing about all the different models.

I think these types really drive what type of investments a person should pursue.  For instance, a number 1 is going to struggle with 20-60K per door,cash flow model. 

So, what type are you, and how does that influence your strategy/model?