I'm happy out of state with a fraction of the property tax burden.

You will only pay a fraction of that amount if you are dedicated to what Chris T. suggested in his reply.

Move from active to passive - Get out of management all together with TIC or DST fractionals.4.

Or you could take a bird dog fee, and find a buyer without tying it up or doing any of the leg work. if they end up buying it you typically get a fraction for a bird dog fee then you would if you did all the work to wholesale it. 

TaxRate: $5.25 per $500.00 of the transfer price, or fraction thereof, of the real property or the beneficial interest in real property."

At the fraction of the cost of advertising.

Depending on the total loan amount for the property, each investor would have a prorated fractional share of the deed of trust. 

Ron Paul also has some good books outlining what true wealth is and how it differs from our fractional reserve banking system we have today.  

With MFRE, each unit is a much smaller fraction of the whole, so your vacancy risk is lower.It's easier to get high-quality third-party management for MFRE, because bigger properties support higher fees and salaries.  

There are tons of private money brokers looking to matchmake deals, and tons of private lenders who lend themselves, and then try to sell fractional or whole notes on the backend.Some important questions to ask:-do you want to loan on residential or commercial property/-where do you want to lend?