Warren Buffer in a Squawk Box interview revealed if he had the time and patience or if he were somewhat broke, would have gotten into real estate residential investing.

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@Joe VilleneuveI do recognize that the LLC strategy is a viable one but I for one would not feel comfortable with being on the buying side of a transaction When I purchase a property directly, I have the some protection with the purchase of title insuranceFor instance, any lien, judgement or other encumbrance must be filed in the county that the property is located.  

I don't hide from my tenants but I tell stories that some tenants may recognize.

Recognizing that whenever you speak to real estate agents or someone referring you to a builder or turnkey provider, there is almost always a commission or referral fee being paid.

However, I recognize where your thinking is going, because I've done it too.

When you narrow down the geographical area, find a property manager that you fell comfortable with by interviewing many of them.

Anyone watch the Warren Buffet Interview on Squawk Box?

Talked to century 21 today for an interview to be an agent under them.