Personally speaking, economy and transacting has a patriotic and spiritual component.

“Only when the tide goes out do you discover who's been swimming naked.”

Ultimately, it’s about finding an arrangement that aligns with your goals without compromising your ability to discover the best deals.

Be an area expert on contracts, zoning, value add components, contractors, and so much more. 

We discovered the previous owner had dementia which explained most of the work we needed to do, Our short-term is improving that unit to rental standard, not necessarily adding property value as he and I are still drawing floor plans for Long term.Thank you!!!

but if you have a view on active vs. passive income.my goal is to have income from multiple sources, ideally part time work that i enjoy is a component. 

@Rene HosmanRent.App is an awesome free solution that I recently discovered.

For example, I have two STR high-income earners (making 140k & 150k) in Joshua Tree for sale with low expenses, where the sellers will stay on to manage it.Making sure you are keeping as much as possible from the tax man is a huge component and to do so you usually have to invest it.

Everything I talked about in the OP was what I discovered.

This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a Corporate Entity, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.