But I also believe you are pointing out to extreme situations that hopefully with the information provided can be avoided. 

All  real estate activities fall somewhere on the spectrum, with say owning a real estate brokerage at the extreme ACTIVE BUSINESS line and investing in a REIT index fund on the PASSIVE INVESTMENT line.  

Carbondale real estate has always been extremely cyclical.

Aside from the fact that I control my money and don’t pay fees for using it - I also avoid UDFI tax which is triggered by UBIT in syndicated deals.  

MINO lending is extremely reputable and gets the job done. 5 stars recommend. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Getting into real estate is tough as it is, and coming up with the down payment can be extremely difficult, especially if you don't have the income to support it.

Curious if you've pulled the trigger yet. 

I am extremely appreciative.You ask me what my goals are in terms of instruments and geography.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.