But I've hit the annoyance factor most reach in their 50s when owning rental properties about 20 years sooner.I am at work coordinating inspections and post inspection, was the appraisal done and could you email it to me, this lender gave me a 3.25% rate while you locked me at 4.0% LOL all of this and I haven't even started receiving a dime of cash flow.Illiquidity is the best feature of passive real estate investing, the 2nd feature being diversification (among asset types, exit strategies, sub-strategies, geography, risk, sponsors, etc.) you cannot do this if you are actively managing rentals.When you are 65-75 years old planning your estate, do you want to leave your heirs (who probably don't know or don't want to know anything about real estate) a bunch of physical houses, tenants, property managers, mortgages, online logins, LLCs, etc.

The house was in a terrible location, at night there was gun shots.

But if that's what it takes to sleep at night, it might be worth it.The one catch to that is that real estate is not your only option of investing.

JohnFirst look at your states licensing laws, they can easily be found online.

@Scott Trench   ​    I saw that as well online - 90 day moratorium - basicaly no unsolicitied offers to homeowners impacted in specific zip codes.

While the property is in a smaller town, it’s relatively close to a larger city, which I think adds a lot of potential for attracting both short-term guests and long-term tenants.The motel has fewer than 16 rooms, and the nightly rates are extremely competitive for the area.

I've bought a ton of homes pre-foreclosure and at auction, happy to be a resource on that stuff, plus we just launched Bid Pirate, which is the one place online for NH, where you can see all the upcoming foreclosure auctions in one spot - you can learn a lot from the regulars at the auctions........ get after it, sister!

Another option you will see online are companies selling shares to sections or lots of trees via a tree plantation management company.  

Hello BP Community,Unless I am mistaken, Maricopa County (Phoenix, AZ) does not post their probate court records online, unless you can provide specific names or case numbers.

But hey, it's not gonna disappear over night either.