The watering hole.I don't care who you are, your butt will be at the watering hole at some point today.

That means their tithes were in many ways similar to our tax system of today i.e. those moneys/products served to allow for the ongoing operation of the government and the needy in society.

Maybe you just want to fix up places and do flips.I would consider reading this beginner's guide, it is a lot of information but will help you get a good over view of different niches, financing and education. 

(An exception is if you own 5% of the company you work for)Agree, this is a great summary post on REPS with core concepts on how to qualify. .I think the complexity comes in when people have edge cases - it becomes difficult to write a simple short post that educates everyone.

If the goal is providing a place for education and inspiration to real estate investors, wouldn't his story do both? 

There's a glut of sub2 education/information out there these days, so you certainly won't lack in that regard.Some of our members have done hundreds of them without issue, so just seek those people out at the meetings and talk to them.

They handle most of the day-to-day stuff like maintenance and tenant issues.

You're right though, seems like everyone wants to be a lender today.. smh shame 

If you can JV for a seasoned developer and investor on a deal like this and make 10-20% of the upside while tagging along and learning from their experience, that education is going to be worth way more than trying to get a 50/50 split or something like that. 

@Anne Nguyen how is the property being used TODAY?