I think investors who apply hard and fast rules like "no sheetrock" are looking for ways to simplify their worlds, and quickly narrow down their prospects when looking for properties. 

It surely has been a journey from bookkeeping to CFO, speaking to being an author on how to automate, manage and simplify real estate and property management accounting for all our clients and CPA's.

Depending on your market, you may want to find a local syndicator that you can invest with as an LP and learn the process directly with them.You can check out the book Passive Investing Made Simple which covers a lot of the details at a simplified level.This could be different if you are looking at small multifamily like 4 units.

Time is money and I am trying to continue to grow so I am looking to simplify my efforts at this time. 

It doesn't need to be written by a lawyer simplify because it holds up no more or less in court.

He might present it in an overly simplified and crass way at times, but it's still good stuff that you can learn from.It's like a slap in the face...but some people need that to wake up and look at the world a different way. 

Some investors prefer this route, in order to simplify and organize their portfolio, believe it or not.

Just want to simplify your scenario:1.

Okay - let's simplify the mechanics and only look at making $45,000 per deal each month and then end of year reinvesting ALL cash to compound at slightly less than what is an achievable rate.

I'm over-simplifying it for convenience.