If you want to build equity quickly, some level of hands-on involvement is key.

And the are all managed professionally.

You should do all the same level of due diligence you otherwise would to buy the property. 

Real Estate Professional status is explicitly not recognized by California, among many other beneficial tax rules that exist on the Federal level.

You mentioned various places to put your money.What is your expected return along with level of difficulty for each venture?

Usually, we're looking at credit scores, Loan to Value Ratio,  & experience level, for the rates and terms.

Took my reserves for down payments to a level that won't allow for another purchase at this time.Given this, as luck would have it, an amazing opportunity that only comes once in a great while came to me.  

Thanks we started using go high level and it can work with power dialers.

I'd level up with a BRRRR, live-in flip, or house-hack before jumping into a challenging renovation.

We have over 20 yrs of experience in managing here in Memphis.