E&O insurance isn’t mandated but is a standard practice in the industry to protect against mistakes or oversights.

If you are good with your numbers, you're already ahead of the game.  

The core principles in The Book on Rental Property Investing still hold up, but higher interest rates definitely change the game.

Even if it's just part time, the key to figuring out how PM is done well is by being present around people who have mastery of the industry. 

It’s a get rich slow game, but if you can be patient and give yourself 5-10 years investing in RE, you’ll be set.

If you are looking at a 300 unit apartment complex with a $100mm purchase price, then typically you want large, diverse economic, growing cities.If you are buying an Airbnb, well this is a marketing game. 

Thank you.Good morning, Joel - What you are describing is a very common practice on the private lending side of the financing industry.

Definitely not clueless just watching the game from the sidelines.

If this was me, I would leverage my equity into a commercial office/retail/industrial multi-unit or multi-family property.

Hell, i've seen attorneys volley contracts back and fourth with each other for months on end arguing things like the meaning of the word "the" in "the contract".....All while racking up those $500/hour billable hours of course.Case and point, I won't change your outlook on the industry.