Still quite active buying SMF, as well as more passive deals in syndications, and do some private lending. 

So you're just going to get a license to gain the knowledge?

My partnert to say the least was the passive one through the deal.

Taxes:Capital gains taxes are always a consideration.

I have spent 100's of dollars on books about investing and business trying to educate myself and learn and came to this site to gain further understanding of what it takes to be an investor, the strategies, mindset, and networking.

The LTR unit's depreciation and losses would be considered passive and can only offset other passive income unless you qualify as a real estate professional.

Now I believe there is a fee in order to have them come a 3rd time 🙄.Both properties have already gained in value according to RedFin, not sure if that would reflect if they were sold but its a positive move.

Are you primarily seeking passive income, capital appreciation or a combination of both?

I would love for everyone to suggest some good books to help me gain knowledge from a beginner standpoint.

.#2....Networking.This will be your most valuable leads vs almost every other lead source by a mile for most people.Almost everything else is passive and a crap shoot, no matter what others say.