Then build MULTIPLE streams of income, the type of income where you earn even while you sleep, month after month, year after year.Top that off with the power of compound interest, the ability to leverage other people’s money and the multitude of other benefits of owning cash flowing real estate and it is easy to see why real estate is responsible for creating more millionaires than any other asset class.BUT (and this is a huge BUT)…many of these benefits are almost exclusively reserved to those who actually OWN (or at least control) the real estate.I’m sure others will have differing  opinions. 

Ten years ago, going through infection control classes with my wife, I became certain that carpet would be as GONE in this country as it is in Europe after a pandemic of any size.

You make money on the spread, but you don't have all the risk that comes from "owning" the property, but you essentially "control" the property with a lease.

The main downsides of a condo purchase is HOA control, for example, with a special assessment, they can ruin a deal.

If you have the time and know how, and business systems, and understanding of the law… whenever it becomes to much of a time suck to manage rentals.I went all in and couldn’t help myself or give up control so left my corporate job and started managing rentals full time for myself and others.

When available you should use a system that helps you stay in control, on budget and on time to help your success.  

@Kevin GlassbergA syndication is just a cool term where a sponsor / general partner / deal finder pools money from limited partners / those with money to purchase an asset that will provide cash flow and/or appreciation.Syndications can be in start-up companies, venture capital funds, stocks, bonds, or real estate.We are on a real estate forum so we can discuss real estate syndications.A real estate syndications big sell is that it is hands off for the investor who doesn't have time to manage along with access to deals that he/she may not be able to do on her own.The cons are that you lose some control along with having a hold period that is normally dictated by an operating agreement(illiquid asset).Best of luck

I did not move forward with the deal and received a healthy lesson in rent control and cash for keys in East Orange NJ in the process!

Leveraging your money (20% down but controlling 100% of the asset) will get you there much faster and the risk is pretty low if you follow some basic rules (know how to calculate cash flow, buy smart, maintain a reserve, have strong policies and procedures in place for renters, know your laws, etc.)

This private investor will not have any control or ownership.