Look for strong C+ to B+ neighborhoods and invest there.

What Makes a B Class Area?

While it sounds good from a diversity viewpoint, it actually increases your risk because you're unlikely to be a master at all of them.Additionally, be sure to understand Class A, B, C & D properties for each area you invest.

My overall goal is to become a multibillionaire, with a B, through REI, achieve financial freedom and create generational wealth for my future family.

I also like to make it a condition that the seller deliver a couple of days before closing an Estoppel Certificate from the tenant where the tenant confirms:  (a) true and accurate copy of the lease and all amendments thereto; (b) address/unit they are occupying; (c) statement that Landlord is not in default under the Lease: (d) statement that Tenant is not in default under the Lease; and (e) statement of monthly rent and remaining term.This protects the buyer in the event there has been a subsequent written or verbal amendment of the lease (that the seller does not disclose) and prevents the tenant from making statements to the buyer/new landlord that are different from the terms of the lease that was provided to the buyer from the seller.Vivian

@Abad Marroquin appears you have found a Class C/D PMC to manage your Class C/D properties.Highly unlikely you will find a Class A PMC to manage these, but you may be able find a Class B PMC.You'll want to set expectations upfront and hold them to those expectations.

Property is purchased for $100,000 when it is a single member LLC.Property appreciates to $200,000 and partner B buys 50% into the partnership when the property is valued at $200,000He should be able to depreciate 50% of the $200,000 building which is $100,000 instead of $50,000 

Apt 2 rented at 1300/mth (2 bd)I would call the rentals B-/C because they are in a giant metal shop and low grade materials.So gross income of 76K annually.Expenses:Insurance is currently $14652 annually but that seems way too low when SFH go for that muchTaxes are currently 2800/yr, but I expect those to nearly double if I pay his asking price (so let's say 5k/year.

I've been enjoying a lot of good ones like Biggerpockets Podcast, Jordan B Peterson and JRE as they help me concentrate, ironically. 

Either A) you need to want a ski Airbnb/VRBO for the personal use of it but not the investment aspect of it or B) you need to be okay with some of the areas within 45 minutes of the ski areas that are totally open to short-term rentals and where the numbers are better.