It’s sponsored by our S-Corp, in an unrelated industry.

For the truly ambitious, the right site could then be further developed (outsourced) as a "green cemetery," which I refer to as "selling $500 post holes" at a few thousand per acre.

I believe that mentorship and collaboration are key to success in this industry, and I'm here to learn from all of you and contribute where I can.If you're in the Charlotte area or have insights to share, I’d love to hear from you!

@Kyle Cross you claim to know a lot about the industry, but your questions are vague and so is the info you've provided.Not sure how managing 8 units doesn't, "require much management"?

There are tons of professionals in all industries of real estate here.Hey Ben!

Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule?

Additionally, I would like to attempt to do the process Owner/Builder with subcontracting work out as well as doing some of the work I'm comfortable with (I have some experience with bathroom & kitchen remodeling an am not new to the construction industry).

I am also really interested in the stock market and the real estate industry! 

If you are going to outsource management you will get everything done for you, but you will have some of your cash flow used for services. 

Quote from @Joy Daniels: As a short-term property manager I've seen how this industry changes so often—new guest trends, tech tools, and regulations seem to pop up all the time.