People want to be on the water not near it.

Most people have zero knowledge or experience when it comes to building. 

Then, I would share with them how you manage properties and what your expectations are for them as well as you - essentially explaining how you work with people renting from you.

I'm in Oregon which basically whips people for being landlords but 99% of your problems are solved by getting good tenants so screen, screen, screen. 

Thank you James, you’re right, it’s so much easier dealing with the right people who as you stated, shoot you straight!

I know some people feel like they need to invest in a course to hold themselves accountable or feel like they are doing something.

You could then again qualify for the Section 121 Exclusion, which allows you to exclude up to $250,000 ($500,000 for married couples) in capital gains from taxes.I think that people can get rich in this way without any tax burden.

From this perspective, yes, I am still legally responsible.But how can both people be legally responsible for the same loan?

Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

So we shall elucidate five myths and truths about investing in them.Myth 1: Distressed Properties Are Always Money PitsMost people think that distressed properties require major renovations, which wipe out profit returns.