Real estate investing is a team sport and at different points in the game different players will play more important roles.

Although I probably get killed on transaction fees which is part of why I am not pulling the trigger (along with lack of time to execute well).There are games you can play for increasing your returns in the stock market (sector rotations, rebalancing, being a good company picker) but you lack operational control. 

My experience has been that purchase transactions where the buyer has no or little skin on the game have a default rate many times that of buyers who place a significant down payment into the deal.  

When you have won the game, it's time to stop playing."

Answering your phone calls while watching the games does not turn your living room into a home office.14-day free rent aka Augusta rule loophole.

Hopefully, 2025 will reward us all who have stayed in the game. 

So you really need a downpayment + 15k to be in the game.

We did quite well in the Timber game in the 90s Owned many thousands of acres of Timberland during that time its a great industry one of the favorite things I ever did beat the heck out of rental houses LOL

My strategy is the long game, buy and hold, build equity and cash flow down the road.

I assume if one wanted to 1031 for "rinse and repeat" you'd also be game for that as well.