I would recommend just reading up more on both industries and make a decision from there.

Or are there other methods you’d recommend that could align better with my goals?

@Cody Baum - Can you become an investor focused agent and get practice in real estate without it being your own money? 

3) Any specific states you recommend to set up any of these (Not sure where I'll be purchasing property yet, maybe Detroit, maybe Cleavland, maybe Augusta, maybe Des Moines, maybe Saint Cloud, maybe Memphis...)4) I already have a LLC based in Hong Kong (We call them limited companies, but the principle is the same).

I'd recommend either being in Italy for some time out the year, every year you have property here, or have someone physically here (like me!)

I would recommend anyone that gets started has at least a list of 10,000 to ensure they can get 1-2 deals that first month. 

I wouldn't recommend it for a number of reasons. 

@Greg StrunakA good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Quote from @Russell Brazil: @Wale Lawal is the top investor agent in Houston @Russell Brazil Thank you for the recommendation. 

I recommend starting with turnkey multifamily 2-4 units if you're a beginner.