In the US, the current tax code enables one to defer tax in perpetuity, through depreciation, 1031 exchanges, and cost basis reset when the assets are passed on to the next generation.

That knowledge of my lack of knowledge pointed me in the direction of what I needed to learn and enabled me to start to fill in the gaps.By no means am I where I need to be, but I feel that I am on the right track now.  

I also believe that managing yourself will enable you to learn a lot more on your first property.

It enables you to change locks yourself in about 30 seconds.

There are many crowdfunding investments with experienced and successful sponsors in multi family that enable you to invest passively.  

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If he is, you need to get him all the help you can and ensure that you are doing nothing to support his addiction and enable him to continue down a path of destruction.

Being vacation rental owners enables my wife and I to combine our love of taking distressed properties and making them better, design (you've got to furnish and decorate the place to create an inviting "guest experience") and hospitality.

There are FSBO lead list ads here on Bigger Pockets, check them out ;-) They will save you precious time and money and enable you to focus on closing deals instead of scraping numbers and addresses. 

Two special rights extended to disable 1) the right to make reasonable modifications to dwelling to enable them to live there comfortably, and 2) the responsibility of management to make reasonable accommodations.