Assuming you're getting into deals that can perform above what the market will deliver (the only reason you would do this), there is still going to be a lot of work involved.

This will be my first pure investment purchase, my experience up to now has involved house hacking.

I am planning to get my license as soon as I turn 18 and I was wondering if there is any way I can get involved in real estate while being under 18 and with no license but I also want to get paid?

i've managed both OOS and in-person and both can be a pain but OOS is just harder for most new investors, period.

If you want a personal residence, that’s a different conversation.

To be clear, the potential guest involved wanted to walk through the rental prior to booking it. 

There is more beyond merely setting it up though involving the operating agreement, separate accounts and books and no co-mingling and many people don't keep that piece maintained too well. 

Originally posted by @Ethan Cooke:@Nick Kraska - It really depends on how much you want to get involved in building a team/network, minor maintenance while you're there, etc.

Personally, I would start simple with a single family. 

2) Are you getting the loan with your personal guarantee or is it non-recourse?