I'd say first identify a strategy, choose a market that aligns with it and establish your Core 4 Real Estate Team.The main challenge I observed is that individuals often lack a clear end goal or strategy or they select a market that doesn't align with their chosen strategy.

We have been flipping houses mainly and started 1 1/2 years ago.We are up to house #15I recently bought our first multifamily -  3 family in West New York, NJ at a Sheriff forclosure auction.  

Mainly it was kind of a bonus to us since we sold for  significantly more then we valued the portfolio at, and without an agent.  

He could use that as his main income to invest into RE. 

On the other hand, one of the main advantages of passive investments (via syndication/crowdfunding) is that you can hire a manager who has years more experience than you can ever hope to obtain yourself.

Short-term rentals mainly cater to vacationers.

I do agree that there is a lot of risk associated with being an LP, mainly due to the number of operators who focus on making money for themselves rather than for their investors.

The minimum is usually around 5.7 square feet.A heating and cooling element: A permanent source of heat is mandatory.

Thanks Bob, I'm sending you an email in a few about a couple things.Thomas, I work with mainly investors but haven't invested in real estate myself yet.  

The main "con" I've seen with trenchless sewer replacement options is that epoxy lining or pipe bursting methods will not solve a main sewer that has a 'belly' between the house and the city.