A great example is a syndicator, who finds deals, raises capital from investors, and manages the asset for them.Benefits of Full-Time Real Estate Investing vs. the “Traditional 9-5”Whether you are a passive or an active real estate investor, the major benefit of becoming a full-time real estate investor is having control of your own time.

So while it feels nice to make some improvements to a block and help to stimulate the economy--it is not exactly a business success.I am in the process of doing a block of 10 houses and this where the real money is because you can control many more of the variables.

For myself, we have 7 new tenant placements this week the office is pounding out the paperwork on, I am listing half a dozen turn-key units for sale, we have 3 purchase offers we are moving through, 250 odd units on "cruise-control" with less than 2% revenue variance from covid-19, I am working through a few buy opportunities, 1 under contract, and I don't even know whats coming up next week or month, on average another 20+ tenant placements and so on.

For awhile Philadelphia was the best kept secret for a lot of NY investors but as of the last few years there has been a ton of NY money being dumped into philly, especially now because of the Rent control laws that passed here, but there are still deals out there. snap shot of philly - Steady population growth yr over yr - Steady job growth yr over yr - Diverse economy  ( top 3 health care, education & tourism )- Location...  2hrs from NYC "financial hub of the country" &  2(1/2) from Washington DC " the political of hub of the country.

Most large units in the USMC have billets for IMA Reservists and you have a lot more flexibility and control over your schedule.

Of course effort to network is within my control, but whether good connections result from the effort is not a guarantee.

I have a Wink 2 at the moment controlling the Sensi and the Schlage Smart Connect lock.

Airbnb's customer service (lack of) has gotten out of control.  

Unless you invest via an LLC owned by the IRA, you will not have checkbook control over the funds which means you need to run transactions (e.g. income, expenses, etc.) through the trust company who will need time to process the transactions and generally charge fees for each transaction.

If the HOA is efficient , then things work out fine , but if they are not  then you dont have too much control on the laws and covenants , monthly HOA dues may be high, assessments may keep coming up etc.Generally speaking like-for-like I prefer SFH to condos .