I do agree with you 100% though that there are parts of the process where there is no substitute for the human interaction a one-on-one provides.

Disclaimer: This should not substitute for legal advice, please consult with your RE attorney.

@Ellis San Jose provided excellent step-by-step guide on how he operates his estate planning trust vehicle.I would caution anyone from depending on BP posts as a substitute for legal advice from a qualified estate planning attorney.

I caution the over reliance on the balloon to be a substitute for good underwriting.

In order to appreciate a tritone substitution, one must first know your key signatures, intervals, ii-V cadence, etc.

So the strategy is to draw the grease & oils out of the concrete.Try this:1oz of trisodium phosphate (or the TSP substitute since they have banned PO4), a cup of water and a cup of the 'powdered' cat litter to produce a thick paste.

I have substituted 15% for repairs & cap ex.

Please correct me if I'm wrong, but if I'm right, I think one of the issues in your perspective might be that you're treating property investing as a substitute for work or other standardised income streams - I think it's more realistic to think of it as either a savings scenario, where you try to get the best return rates possible at the minimum possible risk, or alternatively, as supplementary income to an existing stream.Living off your investments completely normally means you either have a very large and lucrative portfolio (which, indeed, takes years to build), or that you've somehow turned it into a full time business, such as being a realtor, buyers agent, fixer/flipper, builder/developer etc - but that's a whole different yarn that should be correctly titled "running a realty related business" as opposed to "investing in real estate".Again, if any of my assumptions are wrong, please correct me.

If it’s long term holds that you want, because the passive CF will eventually be large enough to substitute W2 income, then in lieu of wondering - how can I earn the money so that I can do this deal, ask yourself - How can I do this deal so that I don’t need any money?

There is no substitute for experience and I am hoping to pick as many brains as possible to draw on your experience.