There is no way to Avoid burnt out land lord obviously not every one will suffer from that.. its just TTT and what it is..

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

But even more important is the knowledge of where to avoid at all costs since the timeline is too long to work. 

Last piece of advice is to avoid shortcuts on the development phase in an effort to make up for the added carrying costs.  

At the same time, I don’t want to open myself up to risks that can be avoided.

We are hoping to avoid doing any sort of partnership and maintain a single member LLC, but searching online hasn't been fruitful.

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

Avoid "passive" investments, focus on "active" investments to deter risk and really prioritize quality over quantity.How much funds do you have to get this started, you'll need 10x what you have to get remotely where you want to be.

If arrears feel overwhelming, selling is the safer option to avoid foreclosure.

I do have them sync their bank accounts and credit cards to eliminate human error in entering items, and ask them to avoid putting personal expenses on those accounts.