Many times they do not realize the adding of the adu makes their existing unit rent controlled.  

Everything else is fairly controllable, and even Capex is foreseeable.  

So, not really passive.Investing in rReal estate offers a lot more control than investing in stocks, but it also requires an investment of time to do well.

These are just a few things that could happen.The Arbitrage person is not the owner of the property therefore has limited control over possible outcomes that may or may not happen.These are just the facts.

Especially on SFR which currently are not rent controlled (see prop 33).  

Starting local offers hands-on experience and control, ideal for learning the ropes, while out-of-state investments can provide better returns but require a reliable property manager.

In a syndication you have low control and also limited liquidity. 

Belize is super picky on financial transactions due to US drug traffic monetary controls.     3.   

This would allow you to keep the current mortgage and keep entire control of the property.

Yes, it's actually possible to control mice by acting like an adult and dealing with them.