It is what sets real estate investing apart from all other investment vehicles. 

This is a great vehicle for retirement wealth building, where the investor has more control over what they are invested in compared to traditional investments such as stocks, bonds and mutual funds.

I also knew that his work was limited because most side roads were posted (heavy vehicles not permitted due to frost heaves, etc.).

I was careful to park my vehicle in such a manner that my California License Plates were not in view.  

One potential downside with Germany’s ease of public transportation is the noise these vehicles make.

Just don't buy in a market that's not growing or extremely overpriced rent-property value wise.In terms of other vehicles, crypto is dead and I won't enter at all till a bubble begins again as it could easily die for years and never come back.

At this point, I think I've maxed out my ability to use that loan vehicle unless I were to sell or refinance my other properties. 

Self Directed IRA's are really pushed on this website, and they are great tax savings vehicles for certain items like real estate notes. 

I'm only nearly 5 mos in on my venture but we need to carry the following for our residential care (assisted living)  licensed for 41 beds - but we can hold 36 beds in our current configurationGeneral Liability (We buy through an independent broker - basically covers medical malpractice, any slip/falls etc)Workers CompAnd even though you arent interested - Non owned auto insurance in case staff use their own vehicles to run an errand etc, building insurance for wind/hail etc inc general property liabilityAll of this runs around $33k to 36k a year for us - thats before health insurance for us etc - Work Comp is the most expensive part of that mix.Your best bet is likely not to find the coverage by calling yourself - you'll just waste your time - find a broker that can sell you this insurance - as far as limits - some of the limits are state mandated and will be in the regulations. 

Things are perhaps different on your side of the 49th, but why would borrowing money to "invest" in private loans be any different (from a tax perspective) than borrowing to "invest" in any other {legal} vehicle (stocks, bonds, real estate)?