The goal of real estate investing is lifelong financial independence.

my concern is your mention going to a feeder event.. the 3 day work shop then you have to pay the big dollars this is exactly what the gurus who are backed by fulfillment companies do. 

Over time, Section 8 rents did not keep up with market rents for my properties, so I slowly converted them to market tenants.Pros of Section 8:You are likely to have families as tenants, so it is more common to have long-term tenants.These are lifelong renters, so you don't get calls for stupid stuff that really should be tenant's responsibility.Most are used to slum lords, so simply being responsive builds huge amounts of goodwill to you.Cons:the biggest one, for me, was the annual inspections.  

I never was sold on younger generation being life long renters I mean they are not brain dead and they will understand ownership in most cases is far smarter than just throwing their money away on rent.

Hi @Alan Kopmeyer,My name is Adam King, I am a lifelong San Diegan.

A positive answer reinforces their suitability as a renter.Tips for Conducting Effective Reference Checks Effective reference checks help you select reliable tenants who will respect your property and fulfill their financial obligations.

W-2, 1099, etc.) with passive income/loss from my rentals (STR, LTR).AnswerThere are a few ways, but the most common for real estate investors is to own a rental that 1.) meets the IRS requirements to be considered an STR and 2.) fulfill the material participation requirements (this doesn't require Real Estate Professional Status or REPS).

Hi @Samuel Koekkoek it seems as though most of your questions have been answered.My name is Adam King, I am a lifelong San Diegan.

The year I flipped homes was some of the most challenging, fulfilling, and genuinely fun time I have had working in my career so far. 

The defeatist attitude is self fulfilling.