This method gives you more control and is often a faster way to build wealth.Forcing appreciation allows you to create value rather than waiting and hoping for the market to rise.

You lose control of the property.

Networking through local meetups or REIAs can connect you with experienced investors and potential mentors.With your REITs as a passive foundation, physical properties could give you more leverage and control.

If the answer to both added questions would be "yes", then you have a potential goldmine here.Combining the seller's concerns, and the reality of a big down payment being a negative to the seller (see Q: 1), you should be able to set the terms, with a lower DP, and controlled interest rate, to have this property CF and,...be able to sell the package to another REI down the road,...as long as you buy this using an LLC (a new one). 

., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).

I know there is all this talk about the Olympics coming but on a practical basis that has no effect on you unless you do STR, which you typically can't in a rent controlled property.3.

Many of them struggle to relinquish control and delegate tasks to specialists who are better suited for those specific jobs.

. :) Not sure if its like that in any other bad traffic metro I know OR does not have it and I dont think its  that way in Seattle either

You may not occupy your apartment without electric service except during brief interruptions beyond your control.

Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.