I think a lot of this has come out due to the low standard of brokers out there that give the industry a bad name unfortunately... its so easy to get a license nowadays. 

Is this something in all industries or more in the RE world. thanksIt's pretty common.

It is an easy industry to break into but a hard industry to actually succeed at because of this low barrier to entry.

I have used property managers in the past, but the relationship inevitably sours as they fail the very basic industry standards for managing property.

This will help us enhance our investment ventures and gain more knowledge about the industry.

In this industry you have to always be learning.

It is my humble opinion that the legislator who wrote the law (he represents tenants exclusively), was building a business for himself and trying to create an industry for attorney's to represent tenants.

Side hustles, or gig work in the real estate industry can also be a way to earn money for a down payment for your next property. 

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

My beef with the people who teach this are(1) they imply this is somehow related to real estate investing; it is not(2) they imply you can be successful with only the knowledge they teach; this is not true, you need managerial and business skills and knowledge to a degree way beyond the scope of the “training” they provide.(3) they imply you can successfully do this on a part time basis; it’s actually a full time business demanding all of your attention(4) they imply competition is limited; competition is actually fierce, except for the deals on which there is no profit.Additionally, this industry is state regulated, by the state in which the property is located.