Don't let that hold you back from making a profitable decision.

Due to SEC rules, the hotel management company does not provide any financial infomation which makes the decision making process very difficult.

They sent the buyer al the information he needed to make a decision (which is what you should do but not until after the agreement is signed) and the buyer, not needing them anymore did jump on those great deals, and the bird dog got nothing.One of these bird dogs asked for a list of my available properties which I sent him AFTER emailing and having him sign the Non disclosure non compete.

Educated real estate decisions carry a small risk factor, uneducated real estate decision are very risky.I talk to at least 300 people a year who want to invest in real estate but have not, will not, and cannot.

Most things that look too good to be true--are.At the end of the day it's your decision.

We have also tried to lean away from taking a loan on our retirement accounts (401K) and anything that would be a poor financial decision.

If they are disorganized, complaining bitterly about their last landlord and living conditions, and wishy-washy when it comes to making decisions about ANYTHING, then they will be that way with you too.

The IRS has several criteria for being "active", including stuff like if you are personally liable for the debt, do you make decisions reguarding operation, how many hours you spend managing, stuff that shows you really do have an active role in the investment.

Key here is practice practice practice and eventually you will be comfortable enough tha you can walk into a property and make a decision before you leave the place.

Most people lose money because they make bad decisions.