This usually involves going to dinner once or twice and visiting their properties if they happen to have something in progress.

For the level of risk involved investors want 20% annual return.  

Key considerations include involvement, cash flow vs. appreciation, and financing options.

my cleaners do charge extra if there is a pet, as they said extra is involved.

Compared to pre-TCJA rules, there is no material change in the tax treatment of a building involved in a like-kind exchange, where a cost segregation study has been performed.

The money involved is not a lot.

It's best to involve a real estate attorney to ensure the contract is legally sound.

Many private lenders might ask for as little as 10-20% down, depending on the property, your experience, and the amount of risk involved.

As of today, I have involved in more than 6 deals (as both GP and LP) because of the networking within the community and recently close a JV 44 units deal with fellow community members because of the community alone.

Hey @Austin Wolff - You bring up some good points about knowing the house better than anyone when you build new if you are actively involved and onsite regularly, but I'd get behind @Jay Hinrichs, in the sense that the numbers don't always allow you to build new.Here in Chicago, new developments are super pricey, and even the BEST DEVELOPERS HAVE SLIM MARGINS.