Hi Jose, what I've learned the hard way is to know yourself enough to know what you can handle.

Additionally, investors can hire a property manager to handle day-to-day operations, freeing up their time and allowing for truly passive income.2.Real Estate Investment Trusts (REITs)REITs are a passive investment option that allows investors to purchase shares in a company that owns and manages a portfolio of income-producing real estate properties.

Balancing college and athletics can indeed be a challenge, but it's also a unique advantage. 

I have other investments and savings that I don't want to touch.I planned on staying employed at my current job and my husband would keep his current business until we feel we have a handle on the new business and start working towards growth.

Privacy laws here in Canada would make a skip tracing business quite a challenge

Would your opinion change if all the RE was handled by professional PM company? 

Living in the home for a couple years before selling could also provide some tax benefits.If you decide to sell the land with just a foundation, it may be more challenging to find a buyer willing to take on the project of building a home from scratch.

My wife and I use a property manager to handle the other side of our duplex. 

How are you going to handle that? 

Starting to figure out how to find a rental property with positive cash flow, It looks very challenging to find a property.