@Brad Pietrzak,Regarding PM, you have to be honest with yourself if you can handle and prioritize it.     

If you have no professional skills, collaborate with someone who does in exchange for part of your profit.Front Porch Clause - The cash you need could come from the investment property itself.

How will technology and connectivity change the way we work together and collaborate?

Would love to connect and collaborate.

In reality it's an opportunity to emphasize that you prioritize tenant's safety and want to know, where and when reasonable, who is living and staying at the property.

I definitely understand the positives to buying, but because I'm relocating, not a seasoned investor, don't have a network/team in place, need a place to live in the next week, and prioritize a clean, successful transition both at work and at home, I will be renting in a neighborhood I feel comfortable in to begin.

Fortunately, we got past it and found other ways to collaborate in real estate. 

Those items should be prioritized above a fancy car and girly stuff. 

I've been an ELP for tax services for 7 years and the CPA that works for me is a Ramsey Solutions Master Financial Coach.2) Dave's advice is tremendous for getting people out of debt, prioritizing savings and investing, and thinking long term.3) I differ with him on the purchase of investment property.

If he is living in it HML generally will not make owner occ loans because of licensing and dodd frank issues. and then your conventional lenders number one thing is fico. this is a friends and family loan.. you need to loan him the money.. you take the risk. but generally speaking to have both parties with crappy credit unless its a health issue.. is simply an indication of someone with challenges prioritizing the realities of life..