Seeking Transitional Career Strategy Advice ?

[Matthew Moreau]

Hello,

I've been following the BP community for years. This is such an amazing community, kudos to everyone. I'm reaching out to ask for unusual advice in this community. While most are asking if they should quite their job or not. I'm looking for advice on the best career to transition into.

My Situation

I'm 28 years old and hold a BA in Political Science. I've worked in real estate for most of my professional life as a property manager, Realtor, investor, and acquisition analyst for private equity firms. I'm interested in real estate from the personal investment perspective but being a traditional residential Realtor doesn't excite me. 

I just got back from a month trip backpacking Europe and currently face a transition phase in my life. I've thought about a couple options moving forward...

A) Increase my skill set via graduate school and work within a passion. I've been accepted into a Urban Planning Masters program. I'm passionate about urban revitalization (Imported From Detroit) and think a lot of skills (land use, zoning, feasibility, demographic studies) will relate to real estate down the road. However, a 2 year 20K commitment is nothing to sneeze at. 

B) Find a new W2 job that can provide stable income and allow me to max out on rental properties with traditional financing. My thought is this path will generate additional passive income streams that can be a springboard for launching my own business down the road.

C) Start my own company now and continue to bight the bullet as Realtor until I get the business (e.g. property management, fix and flip, development) off the ground.

My long term goals are to build a rental portfolio that provides $5,000/Month in passive income streams as well as build a sustainable development company focused on urban revitalization. 

What are your thoughts? Your valuable insight is greatly appreciated. I have a great deal of respect for this community.