Also continue to refine your criteria as this well help the process go smoothly.From personal experience, I've also found lots of joy from disconnecting and recharging by doing things you love (besides real estate lol).

I’ve talked with several hedge fund managers lately about these risks, and everyone I talk to agrees that there needs to be a substantial return to make it worth it (assuming it’s purely for investment and not leisure).

Second of all this is a purely hypothetical situation that I was curious about the answer. 

The company has now offered me a pure 20% revenue deal, so that my "revenue grows with theirs", but I want a base rent as well. 

While that kind of investing is purely speculative, it has tended to work in the long term, provided that you invest in the right places of course.

Purely for tax reasons, of course. 

The property pure cash flows is $115 monthly.On the other hand i could have about 50-70k if i sell the property to invest and could find a deal that cash flows a little better. 

The articles focus was on people making huge profits on reos while never owning them and purely transactionaly profiting.

AH is a pure pain in the ... from the standpoint of a PM.

So when the 2nd home was sold it was pure profit.Imagine using private money to secure a wholesale contract then renegotiating into a lease option then closing the deals with retail buyers!