Waving a magic wand and wishing away the infill issue and looking at the cost to build the park compared to the exit price you'll see the return just isn't there. $1.2M or around $25k per lot seems in the ball park.

You have a lot of people out here talking about magic contracts and such. 

With a PM company I can expense much more than just managing the properties personally, and you don't need to be licenced to manage your own properties with a company.I don't know what the magic number is for when to get an accountant or when to start a company, but I just don't see enough entries being required for 2 already up and running properties.

@Rene Calacuayo you would need fee simple title free and clear of all liens / encumbrances, or have a magical lender that allows executory contracts under Prop Code 5.085, and be able to satisfy all the other hurdles that the Texas legislature put in the law to deliberately discourage LO transactions.

There's no right or wrong answer- I would just keep in mind the business won't magically blow up the week you drop out - you'll probably need to find a job & ask yourself which path will you learn the most and have the most time to dedicate to your RE biz.

The call center we've built from scratch, and staff roughly 120 agents (only a small percentage are on our own personal campaigns, the remaining we sub contract out to otherThe team required to make this magic happen consists of the following staff:(4) Acquisition Reps(1) Analyst(1) Transactions Manager(1) Dispositions Manager(1) Bookkeeper/AdminWe take an inside sales approach -- All offers are made over the phone, and contracts are executed via docusign.

Making money in real estate isn't as easy as people tell you, so they feel more confident lending to someone if they've seen them pull off the magic trick before. 

Obviously, I don’t have a magic crystal ball so I cant perfectly estimate the cost of such expenses when they pop up but I can at least budget for them (which is the case in the example above).Regarding your second point, if the market is down, I could still hold the property.

It magically showed up the same month when he suddenly only had $300 of the $850/month rent. 

He ate my retirement nest egg and sharted out a pot of gold, no more stopping bleeders in my slumlorded properties because I can't afford a vacancy, I'm all-passive, all-the-way, show-me-the-money now thanks to his magic touch with my lifelong savings.