This would make decision making hard, on top of likely needing owners to sign mortgage guarantees, etc.Not enough involvement/too many owners, that you no longer satisfy SECs rules for involvement and it is really a security that needs registered or exempted.Some middle ground, like DSTs or these other fractional ownership, where the admin work is so intensive that fees need to be higher to make it worthwhile for the operator.Then again, I am drawn to real estate, so by nature drawn to traditional, proven structures.  

There is so much I do not yet know, but I can't wait to learn!

Learn from other people's mistakes - It is SO EASY TO RUSH into real estate investing instead of finding people who have done what you want to do and work with them. 

Im not thinking about purchasing right away, especially with the fact that the interest rate is so good.

This is why buying out of state is so incredibly difficult.

Majority of our landlords don’t want the section 8 approach since it is so time consuming to get approved and get a tenant in however they tend to be the more long lasting tenants and then you never have to chase your money as long as you maintain the property 

I'm just wondering if since he is so generous, has he paid these people back?

But beyond that, your question is so broad, no one can give you advice, other than: go buy a property, or a share in a public REIT.  

Omg, the government is so smart.

This is so real @Kyle Pascual!