I have 2 black belts, one in failure and one in success!

Have a flip or two under your belt but want to learn how to systematize and scale?

properties under your belt then stay hyper local.

It's awesome to see you have some rentals under your belt. 

Once you get one under your belt, then you can think about out of state investing later and use the equity you built with the high appreciating market you are probably in!

It sounds like you've already got some solid experience under your belt.

You won't be getting access to these if you are a tire kicker, so having some actual purchases under your belt will show you are serious.

Getting your foot in the door is tough, but as I am sure many investors will tell you - the first one always takes the longest to get under your belt, but after that it gets much easier!

Bifurcating the asset and operation, putting the wealth behind an "iron curtain" and arranging the public facing side of things in a manner where it is a conveyor belt of throw-away entities with little to no value stored themself, IS a viable approach. 

Well, this is a wonderful thread.All I can really contribute with enough experience to be absolutely sure of what I say: if you live on the coasts and your spreadsheet tells you your best passive returns over the long haul are going to be in the Rust Belt in cheap rentals, then your spreadsheet needs to be looked at by someone with a lot more experience in cheap Rust Belt rentals than you have.My own take on the musings here of why everyone wants to quit their job these day and its possible connection to young people and their participation trophies, their possible work-ethic failings, moral turpitude, contemptible world outlook, lack of grit, et hoc genus omne...yeah, I know I don't know squat about all that.