Excited to learn and get insight on investing in a new market.

Investment Info:Single-family residence buy & hold investment in New Milford.

What are the challenges of passive investing as opposed to traditional real estate investing? 

Good luck with your real estate investing journey.

Provided I can establish a solid investment plan tailored to their financial needs/comforts such as debt ratios and income, they would be more than happy to offer me some financial control.Additionally, If I wanted to, for the sake of building my own personal wealth, I admittedly have the luxury of taking a loan from my parents.

I also recommend that you attend some local real estate investment meetup groups.

If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.

Personally, I've been in the mobile home investing space since 2007.

I am wondering if anyone invests in this area can provide me with some referrals?

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?