Typically: Pros: - Fully passive- Equity growth (hopefully) - Smooth process Cons: - No control- When they liquidate, you liquidate and need to 1031 again (usually they have other funds set up, however) - Make sure debt is rolled over correctly Hope this is helpful!

Buy and hold is interesting if you can navigate the rent control laws.

(Launch Control/Smarter Contact), do you text DNC's?

Although I’m not new to this fantastic platform, I have some exciting news to share.

It's fantastic to see someone diving into real estate so early.

So 96,120 gross income lets say 10% expenses (they will add back in depreciation, taxes and insurance) = $7,209 a month x 45% = $3,244 will be your max PITI payment allowedI have a fantastic lender referral, @Sam Sharp, who is also an investor himself. 

What is oaklands 'base year' for determining a 'fair return' under rent control?

It sounds like you're in a fantastic position to start your investing journey with housing and car expenses covered during your rotation.

If you don't like the idea of giving up control, being an active investor might be better for you. 

This depends on your agreement and whether you are hypothecating the note (meaning you own the note and are borrowing against it) or doing a partial where you are selling that portion of the note and issue a collateral assignment.When i did partials I did it as a hypothecation where I kept control of the note because those who typically buy a partial are not savvy note investors and if it went into default the first call they would make would be to you.I know some who let the buyer own it and they would be calling the servicer every week asking about payment or emailing the etc. then if it did not show up they would be calling them.How you structure it is up to you, just realize there are pros and cons for both