I was raised by "Poor Dad (parents)" who taught me those concepts growing up, and is still mostly their values, but they were also lucky enough to have lived in a time where that worked well enough for them as they retired with a very nice nest egg.

@Ian M.For the owners hiding behind the bare trust agreements, you can pull up their names by doing an online search for "David Baines: Real estate investors settle class-action lawsuit" Mr Baines before he retired was a business columnist for the largest newspaper in British Columbia, the Vancouver Sun.In this article you can see the payment the defendants (who I am talking about) had to pay out to the plaintiffs.

Since then, I’ve been listening to BiggerPockets, On The Market, and Real Estate Rookie, and I’m currently reading The Multifamily Millionaire by Brandon Turner.A bit about myself:I'm a 31-year-old software engineer looking to become a long-term multifamily real estate investor (REI) and achieve FIRE (Financial Independence, Retire Early).

Goal is to create long sustaining growth and cash flow that I could eventually sell or use to eventually secure a retirement home and place of my choice! 

You could also potentially pay yourself a salary through the company, which could create retirement plan opportunities, such as contributing to a solo 401(k) or SEP IRA.

I would only suggest a property management company set up if you are not working for an employer and are interested in retirement account contributions + deducting health insurance costs.If you are already working for an employer who is providing a retirment account plan + subsidizing health insurance costs, in my opinion, no point in setting it up.

Inspectors can be lazy louts who are just working toward retirement or they can be so picky they fail rentals for the smallest of issues, including dirty drip pans on the stoves and mildew around the tub. 

If you are identifying individual private money lenders, you can consider having a conversation with them about using their IRA, previous employer 401ks, or other retirement accounts.

But with sub to you need to be very well capitalized in-case the loans gets called or something else happens with it and you need to retire it.

I used my Self-Directed Retirement Accounts to loan on several sheriff sale auction properties in the past.