Nobody will really take care of your asset like you do in the end, AS LONG as  you don't try to become an HVAC and roofing expert in Texas during 99 degrees summer. 

I have a finance degree and on took courses in real estate taxation, and still use a preparer to double check what I did, have him sign off on my returns as preparer.

Example:  if you want to maintain 78 degrees are you in the north or south? 

I used my own construction and real estate experience to get them through the governmental red tape and turn them into profitable rentals.I’m a third generation builder with an accounting degree with bullet proof spirit.

The California State Teachers' Retirement System studied this and was quoted to say, "CalSTRS executives have not seen a relationship between co-investment and investment manager performance to 'any significant degree.'"

I want to buy this as an owner occupant, live there for a couple years then move on to something else as I could potentially create a lot of equity and the house would later fill my needs after I move out of serving my college student market.  

As young adults, aside from the car and a degree in their cap, they aren't given any lump of money. 

Hi David,(1) I don't have much to invest ($280-$350k) and would want to diversify across different properties anyway (some DSTs are diversified, and I can probably pick up three different DSTs with my proceeds);(2) no direct participation in managing properties (tired of it);(3) illiquidity is not an issue (looking for a 7-10 or longer horizon, will need some cash 8-20 years down the road to fund the kids' college);(4) prefer paper investments in general, would be able to hedge declines in the real estate market with financial instruments (have a Ph.D. in finance and a CFA designation, but a newbie to RE exchanges).

When you are older you should need less insurance the Kids will be on there own you don't need to worry about the wife raising them and putting them through College on her own.

I am 26 years old, graduated from college last year and work a W-2 job.