Our reputation is too important and the professional offices certainly show that!

It’s great that you’re taking the first step—that’s the most important part of the journey!

It appears there are still opportunities to buy good properties in decent areas, though I’m sure it’s important to be very specific about locations.

The intrinsic value stays the same, but the value of the dollars used to purchase it are going down, meaning you need more of them to buy it.BiggerPockets does a great job of beating the drum for CashFlow and Appreciation, but what you're missing is two important factors.

And even then - travel where, how often and, most importantly - why?

This deal reinforced the importance of strong local networks and efficient deal execution.

In our market it is important to make sure they are a licensed broker, carry adequate GL and worker's comp (and name you as additional insured).  

Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!

And, most importantly, I married right.

What is as important is that you require the insurance to be issued with you as the landlord as "additionally insured."