There's obviously quite a bit of diligence that comes after such as who the key principles are and their credentials/track record (both balance sheet and experience), the underlying real estate and thesis behind the investment & tax prep and audit procedures but as a general rule of thumb if the investor can't get past the first part which is understanding what they are investing in, passive investing is probably not for that individual. 

., (e). https://www.revisor.mn.gov/statutes/cite/82.73(e) Property management functions for individually owned or entity-owned real estate.

Iam also seeking partners and like minded individuals with whom I can execute on first deal in first half of 2025.

Current individual stock portfolio (non-retirement accounts) with holdings that might be volatile in the next few years (big tech & big oil). $51k is about 17% of the portfolio and gains on the stock holdings are already 100-200% (long-term).

I'm never in favor of government over stepping, but I can also see how desperate individuals can be taken advantage of during this tragedy. 

Banks are hungry for loans, but only from a particular set of individuals/entities.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

I'm seeking to be in an environment with like minded individuals to learn and network to grow my portfolio and eventually network to collaborate on larger deals once I have a better understanding of the commercial side. 

People should stop applying sale of goods theories to it.    

All situations are specific to individuals.Our best wishes and empathy go out to those LA individuals and communities.It’s been about 6 years since one of our storage locations was flooded for about 4 months.  2 feet over the roof.