Many syndicators are able to put together a portfolio of general partner interests which provide enough recurring income to support their lifestyle.The key is to figure out where you want to be on the active - passive spectrum.

So on one end of the spectrum, I do deals that would be a flat fee type structure I'm assuming, and on the other end I have deals that would operate like a traditional loan but with a balloon.

@Chris MartinThat sure was a lot of words, but it doesn’t change fact that rental property investors simply do not buy an evenly distributed selection of properties across the full price spectrum and put them into service.

A contractor (us), a realtor (also us), and a real estate attorney (Shawn's fiance is an attorney that works at a full spectrum firm, and he also has contacts from his 10 years as a realtor).

I'm self employed with my wife as my business partner so no problem with the balance on that part of the spectrum you aske about because we determine how hard we work "balanced" with everything else.

So many things to learn on both ends of the spectrum (on market-off market)!

You can manage or avoid this problem in future by structuring your deals on the acquisition side by studying title.Clouded title can run the spectrum between defective ownership by prior owners & heirs to erroneously recorded encumbrances.

Turnkey can actually mean a spectrum of things, and is a term very widely used to the point it can be meaningless.  

Good to see both sides of the spectrum I guess.

Perfect prey for gurus, except this group usually lacks money they can take from them.Move up the age spectrum, young adults, much like the younger group but they are more mature, judgment has improved but generally we are still rather naive and trusting.