Make sure you qualify prospective renters properly to limit your exposure to litigation.Feel free to contact me directly for support with tenant screening.

Don’t put yourself in a position where you’ve got a few revolving portions all leveraged to the max and the market downturn makes lenders start recalling them a year later to reduce their exposure... that would be bad new blues my friend.

This whole get you the most exposure and in turn the most money.

Originally posted by Bryan Hancock: Let me know what you find b/c it would be helpful for my liability exposure too.

You do what you can to LIMIT your exposure to that risk, via identifying and controlling those risks, but there will ALWAYS be some residual risk that you're taking on - with ANY investment. 

The main reason I want to get into PM is because I believe it will allow me to learn how to run and manage the business end of rentals that I would not necessarily get exposure to just selling real estate.

.- Buy a REIT - it's still exposure to REI in a way.Good luck! 

You make $500,000 net on the project.Option 1: Versus say $1,200,000 above (after interest and 10 years exposure).Plus how much learning curve and mistakes do you need to go through. 

There's a reason that the average days on market for a FSBO is way higher than average days on market for a listing, and that's because having a listing agent add significant value to a sale, even just for the exposure, marketing, and efficiency of running the sale through the channels that everyone is accustomed to. 

This will give you a wide exposure to a variety of activities, builds your network, and limits your debt.No matter which way you go, find something you're passionate about and stick with it.