I'll use my home town of Erie as an example since it is where I did the most research into it.  

For example: My fridge breaks and my tenant calls me up and lets me know.

For example, I never advocate paying cash for a car, actually I never advocate buying a car you should lease, because the interest rate your paying for the loan is almost certainly going to be less than what the same money would earn if you invested it. 

Pick the right investment vehicle that fits your niche.For example:  Buy/Hold creates:  tax reduction, cash flow and property appreciation for future captial gains.III.  

What type of investment am I looking for. example single family or Multi family. 2.

I think you'd be a great example of a partner that a more inexperienced person would gain a lot from.

@Tom Yung @Jay Hinrichs for example# 1 & 2 absolutely#3  I  don't see as very important. #4 After one year we found about 55% had redeemed, Total of 75% had redeemed, been foreclosed on, or voided in the first year.

My only concern was that I'm not very familiar with trailers and I was curious if there was any difference between a SFH for example and a trailer.

An example of a primary residence loan is the FHA.

A guy in SF with 5 or 6 properties is doing pretty well assuming his debt is under control.Account Closed that was a made up example.