Since I was in the top 1% a lot of people including my parents wanted me to go to school to become a doctor or "something successful".

Had CEOs, doctors, lawyers, etc. and they'd always mention how clean it was. 

This will vary by state law but I believe LLPs are for professionals like attorneys, doctors etc.

When I would call a repairman to come to my own private home and they see the house I lived in, they asked If I was a doctor or a Lawyer, and I said no, I’m a landlord.

i think Bao is primarily talking about having a central office/headquarters where let's say there are 10 investors with total of 100 houses. that building will have 2 admins, 2 managers, 2-3 crews/tradesmen.the admins will field calls and schedule repairs. the managers will deal with crews, repair issues, showings. more like a property management service/company.it's more like those shared doctor's offices, where the admins can schedule appointments for different doctors and they just pay a portion of the worker's salary.this is a definitely a good idea, i wont lie. however, investors can get jealous that the crew did their house' update worse than another house. how much is one investor's budget compared to the other?

A little bit about us, David is a Pilot for SkyWest Airlines and Rena is finishing up her Doctorate in Engineering with a Post Doctorate to follow at the Mayo Clinic.

We had to call the doctor himself and demand they have this removed.

A private lender is happy to make 9-12% for as long as they can whereas most hard money lenders have a balloon payment in 12-18 months so they can re-deploy the money and charge points again.That said, you may want to put together a loan package and see about finding a doctor, lawyer, banker, etc. who is interested in lending their money.

A job on the other hand can be high paying but if you don't show up for work there's no income; think of doctors and lawyers and contractors/spec remodelers who are swinging hammers and running projects day-to-day.But either as a business or as a job spec remodeling is not an investment.

Doctorate in Information Systems Masters in Information Systems BA in Computer ScienceI am a tenured Professor teaching Project Management and Enterprise Computing while balancing this growing RE business.