And that's the fact that the main entry point from an intrinsic standpoint on RE was during the outlier period.Real estate is not an intrinsic day 1 asset.

Most of the ultra wealthy individuals sacrifice a lot to obtain their wealth, and I won’t make those same sacrifices.Similarly, I don’t desire to have 5% body fat because I don’t want to put in the effort required for it.I understand that ultra wealthy is subjective, but the main point stands. 

The other option for value add is to do it yourself by approaching potential sellers directly via the phone, snail mail, or knocking on doors on main street USA.

For my family investing OOS is a big long term goal (most likely south with mountains), but it's never been the main plan. 

Our main carrier policy converts to vacant dwelling policy at completion for duration of term and can be renewed on case by case basis if unfinished or unsold.  

The 5-10 it gets heavier and a lot busier, and 10-15-20 it really is untenable to self-manage especially if this is not you main business like a person buying their own rentals and building it like a small business. 

@Chase Calhoun mainly we work with local builders but we have also purchased from the regional builders as well.

Duplexes have less risk:  Mainly because you have less tenant risk (but we will address that on the next paragraph).

I focus mainly on buying deals and working with partners for said deals. 

I mainly invested with them because Brandon Turner was running it.