You have no real control over macro economic issues over the long term, which will have a higher level of impact on your building value.  

Obviously, the passive nature, but you can find an operating partner and you wouldn't need to give up control.

2) Rent controlled?

Additionally, controlling a larger asset through effective leverage can amplify your returns and build greater long-term wealth.By trading up, the extra basis form 1031 will also help you save on taxes.

Once you know their criteria then you have to find & control properties that meet their criteria.3. lastly since I am virtual instead of going myself to the property can I hire a house inspector and how much would it be?

The big concern I have with this asset class is the control element.

In general, the term employee means thatan individual is subject to the will and control of the employer inwhat and how to do work, and that the employer may dischargethe individual from work. Yes  No2.

The attorney should be capable of explaining the pros and cons of different options.There's no rent control in Virginia, so you can raise as much as you want as long as it meets the terms of the lease.

Unlike the stock market, you can also use leverage, which could significantly increase your ROI.The bottom line is that you can get better returns investing in alternatives (real estate or otherwise) and more control investing in real estate (you have zero control over the stock market).

It appears we're already on our way to seeing national rent controls which means LTR's may not even be a safe haven.