I don't feel there is one answer to this question as every property is different and what are your goals, how much time do you have to manage, what are your strengths when it comes to working the trades, people skills, etc as that will help drive towards your super power. 

Now think of this "work" as a combination of trade school and actual work.

It sounds like your talking about placing offers on properties WITHOUT intent to execute on that PA, that is fraud right there and NAR does not look kindly upon such, nor do brokers or brokerages.

So, by transferring income from a rental schedule E to a business schedule C you're creating a significant extra tax.

Denise’s approach to passive investing in larger deals would also be a way to generate solid returns without the stress of direct ownership.If you’re looking for actionable next steps:Speak with a business broker to explore your options before selling / tapping into your equity.Talk to a lender to see what financing and leverage options exist.Look into syndications or passive investment opportunities like Denise suggested.Join local and online real estate groups to connect with people successfully executing these strategies.There’s no single “right” answer, but the key is making a decision that keeps your money working for you without locking you into another job.

--Conclusion/Confusion...Likelihood of Execution----I attempted to plug these into the CoC formula and ARR but got the same percentages for both. 

And we are just beginning.Norada Capital Management ( Link )30251 Golden Lantern # E-261Laguna Niguel, CA - 92677-5993Professional poker players call it a “tell.”

Here is the link: https://www.realtor.com/rentals/details/124-E-Durant-Ave-Apt...

Hi Robert, your situation sounds exactly like another gentleman I am working with right now and helping with his 1031 strategy and execution.

Quote from @Colin E O'Connell: The BP meetup in Wilmington is tomorrow 1/7 at 5:00 at Mad Mole Brewing.