I prefer to avoid kludgy systems that weren't designed for regular, high-dollar transactions like rent payments (Venmo, Paypal, Zelle, etc.).

I attended seminars, joined meetup groups, and regularly invited local professionals for coffee to learn from their experiences.

.- You can’t monitor what you can’t measure. - Asset management is building client feedback into customization of investment strategy.

Hi All,I would appreciate thoughts/ considerations/ cautions for analyzing a mixed use property that has a duplex with a regular apartment next to a small storefront that's soon to be vacant? 

As long as there are no repairs I have to approve and monitor, it's hands off. 

Left or right you would win when money is expanding LOLEven during downturn like today, GP would have the benefit while regular investor is taking all the risks.The thing is , for 98% of us, what @Jay Hinrichs mentioned above is the reality.Mathmatically speaking it's only possible to have massive income from passive or active/selling/flip at year 8 of real estate investment and that's only if real estate appreciates double than inflation.The first 200k is extremely difficult but after that you know how to do it ....

Flippers pay the highest taxes possible as they are paying regular income tax,not even capital gains tax rate, much less zero tax. 

The full time experience can be either with a property management firm or a regular brokerage.

Lots of student housing available for the BRRRR and regular buy and hold.

Regular inspections and prompt repairs can prevent small issues from becoming major problems.4.