Next is understanding risk/reward analysis.  

More risk, more reward. 

However, I tried to conduct some research on the two firm founders - Anthony Grosso and Christopher Palermo - to find out where they worked before, what expertise they had managing CRE, who they were associated with, etc. - typical due diligence items to gain confidence and assess credibility before turning over any of my hard earned money.

Once again, it isn't for everyone, but the sacrifice can be rewarding in the long-run.

So "hack" it, hitch your wagon to the right "Rising Star" and enjoy the rewards together. 

The tax code wants to reward those who hold on to it "forever" and penalize (or at least claw back some of the benefits) those who exit.

@Matt OwensOut-of-market investment provides affordability, diversity, and greater returns, but it also involves managerial issues, a lack of local expertise, and travel expenses.

You won't fail or succeed based on how competitive your market is, you'll fail or succeed based on your effort and expertise. 

Keyrenter North Jersey opened this year, leveraging the proven processes, systems, technology, and infrastructure of the large organization, combined with the focus, support, customer service and local expertise of a small business.

Utilizing Seth's local expertise, we secured the property for $200,450.