(This is not a knock on people who went to private school lol, just a demonstration showing how your environment can affect your perception - which is ok, and actually a good thing for you to be able to determine what makes sense to invest for you!)

I know that it is generally good advice and I would learn a lot by doing it, but I am firm with my desire to be a passive investor with respect to managing tenants.

@Ken Mull, a hostile rental environment is certainly a reason to change your intent. 

Many multifamily projects face challenges, including rising interest rates, operational inefficiencies, and decreased valuations, which drive the growing need for alternative financing solutions.This environment presents a unique opportunity for mezzanine debt and preferred equity investors.

The shift in rate environment could also accelerate the luxury STR market as inventory is exceedingly low and jumbo rates have fallen precipitously. 

To do a clean BRRRR in today's interest rate and highly competitive environment is very difficult.

The regulatory environment is also a key factor for me as a first-time investor. 

Stocks-  we are very uncomfortable with the economic environment.  

In today's fast-paced real estate environment, having a flexible strategy is key to growth.

With exception of one mentor who I greatly admire and respect, I have spent 1000's over the years on RE courses collectively and not experienced this kind of support, encouragement or expertise without having to pay quite a bit for it.