To meet material participation, you need to log at least 100 hours of work and do more than anyone else involved.

Hello, I’m interested on getting some insight from anyone willingI currently live in Seattle and want to get into REI but the cost out here makes it tough to be able to get involved without capitalI read the out of state investing book and it got me interested in trying somewhere that I don’t have to burn up all my capital to get started1.

Interesting how the best option for learning how to make a cake didn't involve spending lots of money on a cake making training course...  :-)

This involves assessing the investor’s financial situation, investment strategy, and the specific projects they wish to undertake.

However, depending on the Trust Company you work with, you might have more options with respect to the diversity of public and private market investments.

However, my future plans with REI involve transitioning my primary income from nursing to REI.

When choosing a location, focus on markets with job growth, population increases, and a diverse economy.

.- OP has not indicated they will involve HOA even though multiple replies suggest doing so.OP asks for advice, but seems to ignore it.  

Plenty of demand drivers and diverse economy.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.