It’s fascinating to me how the long term wealth and returns this industry provides supersedes literally almost any profession.

Now about that Controlling a property with ought owning it, this sounds fascinating, care to expand on that?

@Grayson Graham, there is some really fascinating discussion on this subject in topic 415 from the irs - https://www.irs.gov/taxtopics/tc415.   

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

Fascinating stories, guys.

I plan on making a move to Southern California in a few years, however, I am looking to invest with developers building high-end spec homes beforehand.I have been fascinated seeing beautiful speculative-built homes across the LA and OC areas and I plan on getting involved by the end of 2024.My plan is to invest passively in such developments while observing until I can develop such properties myself.Any advice, input, recommendations, or referrals would be much appreciated.I look forward to your responses.

They have always fascinated me, but I don't know much about how they work.

You do not have to get a degree but never stop learning, REI is fascinating and there is so much to learn about it. 

This is definitely not my wheelhouse but fascinating by the attempt and by happy to help if feasible. 

I often see parcel lines that don't line up perfectly with buildings, but in some cases, such as this one, I think the house may truly be straddling more than one parcel.The idea that the owner of this house has adversely possessed it is fascinating  - I never would have thought of that.