. :)Thank you for sharing, that a publicly traded REIT is a syndication, by definition, as is EVERY public company.  

And if I am a publicly traded company – then maybe even my shareholders want me to limit my risk to investment properties.

Also, I have no experience in trades or homebuilding, both of which (in hindsight) would have been nice to work on.Any general or anecdotal advice would be much appreciated.

Unless you can do that I would start paying off my 401k debt and learn to raise private capital. expansion is good, but you are trading a lot of net worth for cash flow. learn to leverage outside capital so you're adding to equities rather than shuffling them.

It can be in appreciation, in trading up in assets, etc.With 50k, it really depends.

If you have U.S. credit, 2 scores must show with at least 2 years of trade line history.

The problem is that the majority do exactly that, but a great professional real estate agent knows what boxes to check and the tricks of the trade.

Its a trade off. 

This reminds of the argument that with people are having less children and family formation declining this is bullish for bitcoin. 

I wouldn't trade that for Airbnb's Aircover which is much more specific in what they will cover.