Was thinking that by taking over an existing business, optimizing operations and eventually replacing myself I could create passive income too or is that just me being idealistic?

@Carly DuCharme, what are the most important features/tasks that you want to optimize?

This includes making physical improvements, optimizing income and expenses, and properly managing the park.

Better to evaluate a deal on its own, then arrange your financing situation to optimize your ROI.

It is scary and difficult to save the world, but I chose this investment strategy because it’s profitable and my optimism gives me an unfair advantage.

Although I don't intend to clean our units forever, it has been good to do it to start with because you get first hand knowledge of what is involved and discover ways to optimize your process each time.

.- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.You should also look into these threads - 593044-separate-llc-vs-one-llc592496-break-portfolio-into-multiple-llcs597657-should-you-form-a-llc-for-each-individual-rental-property648640-how-many-properties-do-you-have-in-your-llchttps://www.biggerpockets.com/...

If you want people to get there organically, you're going to have a hell of a time trying to optimize your site to be on page one for "sell your house" or "cash offer" or whatever you are trying to attract people to do.

I build my own to do lead capture for motivated sellers and tenant buyers for lease option assignments.I use wordpress, optimize press and socrates theme.I also used Easy Video Player to link at the end of video (takes 15 min) to a form from www.jotform.com (free).Best to you!

There is a TON of information on BP about website creation...optimization...lead capture...you name it!