At a certain point, you've got to make a decision based on the legislation before you. 

That's a decision you have to make. 

to your point, if you save up so that you're in a strong financial position, house hack a solid duplex in a decent neighborhood, make smart decisions, and hold it indefinitely, you'll be fine.conversely, if you have $0 and somehow start out with a risky flip, or borrow $20K and spend it all on a magic mentoring program, or buy a terrible property in a neighborhood you've never been to, you may not be fine.

Now, you could interpret that he is the property manager, but seriously, if you are making all the decisions on a property, you are the property manager.  

It turned out to be the right decision because we got an all-cash offer pretty quickly.Once all was said and done, we netted $200k in profit.

Simplify the structure as much as possible, have clear roles and responsibilities that are not overlapping (meaning only one person is allowed to make certain decisions) and a clearly defined exit plan.

Looking forward to learning from this amazing community and making informed decisions!

That being said, that decision has resulted in a portfolio of over $200MM and my life has absolutely been changed.

However, financial freedom isn’t a one-time event; it’s about sustaining your desired lifestyle for the rest of your life.Once you clarify your goals, the next decision is where to invest.Investment Market/CityThe most important investment decision you will make is where to invest.

I have a client in Kansas City, MO that had to make the EXACT same decision a couple of years ago.