Definitely read "What Every Real Estate Investor Needs to Know About Cash Flow..And 36 Other Key Financial Measures," by Frank Gallinelli (the Columbia professor from BP podcasts).

Lots of doctors, professors, and lawyers, meaning folks who aren't as likely to rent (although there are plenty of folks with money who don't want to/can't deal with maintenance).

Benefits (medical, dental, 401k..etc) are very expensive.For me, the math finally works but I've made the real estate schedule work with my day job as a University Professor. 

I am a tenured college professor and also pretty successful in REI. 

Here's the take from a current Stanford professor who has taught at several academic institutions in the Country on the issue; he comes from a couple of relavent areas on it if you look up his interviews on YouTube it is clear, the topic is not relavent in today's Entrepreneural climate whether it's RE Investing or any other pursuit, equal opportunity has been ever present and continues to be so....  

Went back to MassArt as a Continuing Ed Professor trying to teach starving artist how to make money in a field where they are taken advantage of.

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I am not educated on syndications so i cant speak on that but from the gist of it , i would like to make a 15-25% return and receive the tax benefits , and from what i understand syndication doesn't offer that . as far as partnerships , My dad a long time ago opened a business with a professor and it went well for a while but then he got screwed and i promised my self i wouldn't join a partner ship .  

(I was present in the January session for a presentation by Katrina Korfman - professor at Rochester University and one of the founders of the Rochester lead program - She stated that program was successful as it "made it economically, politically, and morally unacceptable to tolerate lead exposure to our children" )In 2019 I finished my broker's license and opened LaPlante Real Estate, a full service brokerage specializing in property management.

Now we have murals on the side of my house and West Point professors buying the townhomes next to me for literally 50 times more than I paid for my property just a few years ago.