Many times buyers are new to this and have an idea in their head that might not be rooted in reality.REIT's, and funds with cash are secondary due to the fact they generally do not want a relationship but just things on a deal by deal basis.Third level is partnerships ( family, business associates ) where the people know each other etc.

So you need to know what are your personal interests, drive, and skills level. (I

Not knowing your income level,I think you should consultant your accountant on the best way to do this.

Dianna,If your stress level is too high with a management company, it may be too high for any real estate activity right now.

johnsje,It is hard to tell what your experience level is.

You are the only one who can decide what you are comfortable with.If your comfort level is a paid-off house and a couple of rentals, then that's what you do.

Supposedly that wind-bag Suze Orman does not invest in anything, she figured out she needed a 0% return to have everything she ever wanted - so her appropriate risk level is 'none'.

Great job.To be honest when I see these deals I consider my chances of that kind of return in my AO much like hitting the lottery.

Are there maximum occupancy allowances mandated at the state level, or municipal level? I

@Jeff S.I like AO Smith the best, though have used Rudd.