And, as you're rightfully suggesting, real estate isn't a one size fits all investing vehicle.

Hi Mohammad-My pleasure and thank you for the follow-up question.I think you are in a great position and wise to be thinking about real estate investing as one of the vehicles to not only create passive income streams but offset your W-2 income.One of the strategies I see the doctors doing that I work with is purchasing short term rentals as they are more actively managed and it helps them be seen as a real estate professional for tax purposes based on the number of hours they are working in their real estate business which helps offset their W-2 income.

It's just switching out one retirement vehicle for another, and you have to do what's right for you.

In my experience, lots of section 8 recipients have limited access to personal vehicle.

You want an LLC for ease of administration, trusts are kind of annoying as they can act as their own taxable vehicles as opposed to single-member or pass-through entities that an LLC can provide.

I am very pro EV and electric vehicles, we want the tenants with these cars. 

For example reminder to replace HVAC filter every 3 months, to ensure pets are vaccinated yearly, to ensure tenant sends me copies of renewed vehicle registrations and insurance etc.

Become great at what you do and you can make any vehicle a success.

Just curious how your transaction went and what financing vehicle you ended up going with?

Put the money into fixed income vehicles of various sorts and walk away and spend more time drinking wine and catching fish.