There are plenty of businesses where the principal hires out most, if not all, of the work - which is what you are describing here - and I don't think the outsourcing in itself changes the character of the income to "passive."

You have to factor in the rent/mortgage for the brokerage office, the salary/hourly for the receptionist, the bookkeeper's pay, either on staff or outsourced, the insurance costs, as well as all your regulatory costs & dues.It'll be far cheaper to get an agent's license and keep your half of the commission than try and open up your own brokerage for your own deals. 

Lately I outsource most training to those who have a particular expertise in specific niches so I have more time for my own investing.Hi @Moses Lucero...great question and honestly it would be just easier to give some guidance over the phone or in person since we are both in Vegas...AND I would like you to take something into consideration.  

We do outsource laundry, so a company will come and pick everything up, wash and fold it once or twice a week for $1.75 a pound.

We are going to manage it ourselves and outsource cleaning and maintenance. 

Hi REI worldMy husband has over 10 years experience as a property manager and has decided to open a remote property management service. Services would include:Ledger AuditWork Order follow upDelinquency reportsMonth ...

Actually you can integrate Mojo with Podio using Zapier (free up to 4 zaps).It’s pretty simple integration but requires some technical experience or you can outsource it cheaply via upwork.

Jerry - I don't have a VA (don't have investment properties right now, either), but I'm curious as to what kinds of tasks you outsource to a VA?

I am fully intending on outsourcing as much as possible, and am even considering turn-key solutions to get my feet wet (although I really do not know if they are a good deal or exactly how they work).Right now, I am focusing on (and please tell me if I am missing something)1) How to locate a "good deal"2) How to evaluate if the deal is actually good or not3) Find like minded people in my city that I can learn from or bounce ideas off of (mentor?)

Outsourcing quality control might be a label.