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

Even worse, the investor has no control.

I would also be concerned with land rent going up over time, and having no control over that.  

I need to investigate more about how to control a LLC or trust like you mentioned.

Understand Proposition 13 for property tax benefits, local transfer taxes, and strict tenant and rent control laws.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

These are areas GPs can control and I guess choosing not to. 

In 2017 I had zero debt, a good job and was leveraging my 401k… I have traded that philosophy to acquire large amounts of debt, no 401k or IRA contributions and now have the freedom to control my own financial destiny.Below are the steps I took to remove myself from my W-2 (and 30 years of working for someone else) and obtain a career as a real estate investor:Step 1 (Education): Read and listen to as many books and podcasts as possible.

One that can send a message with the seller information included in the message (Seller Name, Property etc) There are many platforms such as REIreply , Batchleads, Launch Control , Smarter Contacts , Lead Sherpa etc.

I'm a fan of the parcel it off now, and ground lease it for 30 years or something, if they wanna pay up front for the 30 years they can do that, but I'd retain control personally if it were me.