My name is Dillon Seal, and I’m excited to join this vibrant community as a new real estate investor.

But I've hit the annoyance factor most reach in their 50s when owning rental properties about 20 years sooner.I am at work coordinating inspections and post inspection, was the appraisal done and could you email it to me, this lender gave me a 3.25% rate while you locked me at 4.0% LOL all of this and I haven't even started receiving a dime of cash flow.Illiquidity is the best feature of passive real estate investing, the 2nd feature being diversification (among asset types, exit strategies, sub-strategies, geography, risk, sponsors, etc.) you cannot do this if you are actively managing rentals.When you are 65-75 years old planning your estate, do you want to leave your heirs (who probably don't know or don't want to know anything about real estate) a bunch of physical houses, tenants, property managers, mortgages, online logins, LLCs, etc.

And when I was a new young professional myself in Colorado, there was an entire apartment community built around this concept that was all brand new top of the line with all the amenities, something I could not afford on my own.

I have never heard of this metric and don't see any information on it online.

Welcome to the BP community! 

I don’t think it matters one way or the other just make sure they have some sort of online portal.

you can find all the info online"...it's like, no sh*t you can...all the information ever is online!

But there are also a lot of reviews online calling this place a scam.

It’s not just about the profit margin or the cap rate; it’s also about building trust in the community.

I look forward to learning from this community.