Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏

You usually pay less in taxes and you build your portfolio much quicker than taking that money out. 

For some, a smaller market with lower property costs may provide greater financial flexibility, while others might prioritize high-demand cities for quicker tenant turnover.

All are extremely sensitive, petty, impulsive, defensive, selfish, condescending, etc.The reason you cannot bet against him is because he'll learn from his mistakes quicker than you're able to punish him for them.

Might be a way to get some cash quicker or maybe get a buyer for the land quicker if you can show them they could pull 1k an acre by having someone come clear cut the parcel after they buy it.The local population seems very limiting too.

Hard money is for quick flips, the quicker the flipper.

I moved to Phoenix and have been able to scale I believe a lot quicker than if I had stayed in San Diego.

Typically rates are 0.5%-1% higher than the full conventional loan, however the beauty is that it requires less documents and quicker close.

Will it be worth trying to pay those down quicker over the next several years or use savings to try to acquire more properties via other loans? 

This is less risky and can earn you money quicker to use to buy investment properties.Also ask burnt out landlords if they would sell with owner financing.