I'm recently in a couple of syndications passively that didn't look horrible just for the experience to see how they perform. 

I’ve gained a ton of knowledge which I’m currently putting to use as I close in on my first deal.

If you begin by self managing you will gain the knowledge you will need to manage a PM.

@Steve Dye  I target them by doing pre-employment drug screens to gain access to the refinery in this town. 

Jesse, great Q and what I know for sure when you change CPAs or tax preparers or move, stop and start filing etc. you need to keep track of the depreciation schedules because when you go to sell the property, you're going to have to run the numbers from EVERY year that you wrote off depreciation to recapture it to calculate your gain upon sale.The other issue is are you hoping to get real estate financing in the next few years?

When the event happens, scaling to the point of leaving the day job to managing a decent portfolio of buy hold rentals for consistent passive income.My current line of work is in the coffee industry, managing and developing teams globally for a specialty coffee company and more or less living on the road as I help launch cafes from New York to Kyoto.  

I am looking to dive in the world of real estate investing with the hopes of generating some passive income and one day becoming financially independent.

I am looking to get into rental properties in the area to build passive income to become FI and retire early. 

Once my cash reserve has been built up enough, I plan to then invest in more passive multi family.

Institutional investors have long understood the merits of this asset class, and relied on it to gain stability that balances market uncertainty.