I think every real estate investor wants to be a full time guy because this is very enjoyable, there are lot of pros to being full time, here are some of the cons you should address 1) Finding the deals - As long as you are a passive investor if the math works even a 100$ cash flow a month is okay on the side, you can buy your properties from MLS but when u are a full time investor you need a lot more cash flow and lot better deals.2) Sourcing Finance - Banks look for W2s when you ask for money, you should be lot more creative and risky as a full time professional to source funding.3) Market Cycle and Current Market - Markets will cycle and as much as I know most areas are turning into sellers market with low supplies, how do you tackle that?

I LOVE multifamily properties and can see myself as a very happy person living on passive income from 50+ rental units.

I've been on this real estate investor student path for a while now facing the first time investors obstacle course but stayed in line on what was reachable for me on my journey as a student gaining as much knowledge as could in the process in order to succeed.

Partnering can be a good way to get started, especially if it helps you gain the knowledge base you need.  

If you sell a property you bought as a primary residence and have lived in for 2 out of the previous 5 years you can sell it and take the 121 exemption gain tax free.   

In my area of expertise, I should have $15k monthly passive incone within the next 2-3 years.

I would love to talk further and gain from your experience.Just wanted to say thank you for all the great advice.

You may also consider a more passive approach or partnering if you have others in different areas that you can trust. 

There needs to be real clarity on what both of you stand to gain from the joint effort.What reason does your friend give for wanting to partner?

Since we were in it for two years we didn't have to pay the cap gains tax.