Do you want to be hands-off?

The buyer, on the other hand, can’t claim the interest paid to your lender because they’re not legally responsible for that loan...I disagree.

Co-living, on the other hand, mitigates this risk by creating multiple income streams.

Co-living, on the other hand, mitigates this risk by creating multiple income streams.

Thanks Andrew Yes we are in ACNJ most of our properties are in AC but do have a handful in Ventnor and other shore towns. 

I second the proposal to get @Brian Burke's book The Hands-Off Investor.

Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.

On one hand, if a sponsor was that successful in flips (high margin, fast turn), they wouldn't need a fund.  

I have done a handful of flips using cash, partnering with friends, and making it work. 

On one hand I don’t want to fall victim to overpriced contracts squeezing a naive owner.