It doesn't take much for a person to recognize that work is being completed on the house and keep an eye on it for an opportunity to break in and take whatever they see fit to. 

In my book I wrote about Physicians White Coat Syndrome, a condition I recognized, that affects Physician's investment decisions. 

They are tired of getting collection phone calls so they don't pick up the phone if they don't recognize the number. 

Recognize residential RE is not passive.  10% return on passive investment is superior to 10% return on a more active investment such as residential RE.good luck

I think if you can find 80% ARV, that is good in coastal So Cal market (likely will require cash offer) but 80% of ARV will not allow a full extract of investment.  2) it is not the end of the world to not be able to extract out the full investment as long as it is in the plan and recognized.  

Alabama will recognize and apparently give you some leeway (under reciprocal Licensing Agreements) for holding a RE License in another state. 

Recognize, there are always wealthier folks than you are.

Often, you won't end up following the map, opportunities come and you need to recognize them and be flexible in following what you enjoy doing more than trying to work in one degree field.

Also, that Series LLC's are not recognized by the state of massachusetts.

How did you recognize it and what did you do?"