Even the IRS considers anything that generates income for you as a business activity or exposure. 

With arbitrage one's risk exposure is significantly limited.

These are taxable accounts, but I've been able to offset the gains with deductions somewhat related to my RE investments, so I'm OK with that.I left what I had in my 401K account, and with my 'dabble' brokerage accounts I do keep a certain exposure to the market.

I live in southflorida and if i were to pigeonhold myself to this market, i would have much more exposure on any one property becuase the rents/and spooked investors would never cover the carrying costs on any one property.

I have risk models so that I know what my exposure is, and I'm always comfortable with that exposure.  

. $300-400 (depending on which MLS) for exposure to active buyers represented by agents.

The only way to reduce your policies is to combine ownership, but that opens other issues, like taxes and liability exposures.

This is evaluated through the review of a combination of quantitative and qualitative data including liquid assets, net worth, number of units owned, experience in a market and/or property type, multifamily portfolio performance, access to additional liquidity, debt maturities, asset/property management platform, senior management experience, reputation and lender exposure.

Take a large deposit (security option) to reduce your exposure in the event their cash flow gets funny.Best to you!

Also, I ordered 2 car magnets that say "I BUY HOMES" and then my number right below it which havent been delivered yet so im still waiting for those. but so far no calls so im trying to get as much exposure as I can.