Never fully trust anyone that isn't willing to share the negative aspects of all this.As I'm sure you've experienced, this can be a very rewarding path to take and depending on your grit and determination, overcoming all the pitfalls are well worth the effort.Cheers and drive safe!

My equity is negative $8M….

@Jesse Rivera I love the idea of it the only issue I'm currently facing is I would get negative cash flow renting out my current home  based on my current mortgage so it definitely isn't ideal 

However, saying that there are many companies that do both that are amazing and don't do things like this, so I'm not suggesting that doing both is inherently negative. 

I would not necessarily advise being cash flow neutral or negative before you account for these types of things.

We’re listening, but yea the app got a lot of negative reviews and the site needed a lot of work, so we prioritized the site.

Give them enough money every month to cover the negative cashflow due to their nursing home bill.  

If you are too busy to go see a whole bunch of properties in person, meet PMs, and help with getting your first property stabilized... you may want to wait until you have more time.Not trying to be negative, just realistic. 

However, I’m trying to educate myself now before moving there so I can make a well-informed investment.Based on my spreadsheet, most properties in the $300K–$350K range with an estimated rental income of ~$2,500 per month show a negative cash flow.

IE if you were to be "negative" you could be thrown out which is a pretty stiff penalty given the costs.