However for truly passive long term wealth I feel that searching out those path of progress properties  and either paying cash for them or financing them can lead the sharp investor to massive wealth and returns without ANY other involvement other than stroking a check annually for tax's and maybe hiring a farmer to keep the grass mowed..example is one I close yesterday  37 acres the family bought 27 years ago for 199k  .. we closed on it yesterday for 7.2 million cash to them.. they did not even 1031  just going to pay the tax and call it a day.. now I don't know if 199k invested in say a few rental houses over 20 or 30 year run would equate to an exit like this.. but for this family it cant get any more passive.  

Gotta be a few that are more of a pain than others? 

@Jeremy Sharp, it's actually super easy.

Depending on how your SIDRA is setup (checkbook) it can be a pain managing an active property that needs all types of repairs from that type of account.

Hey @Jeremy Sharp, I am not sure how PMs in Ohio operate but as a property manager in Lubbock, TX here is what my standard agreement would look like and the costs you need to include in your calculations if you will be using a PM.Management Fee: 8 -12% of collected monthly rent. 

Pain PointsThe problem is acquiring the capital for the investment. 

I'm currently battling renovating in the historical district and it can be a pain to say the least.Also I would say look around before jumping the gun either direction.

As an independent insurance agent and investor I feel your pain.

@Allyson Straka, a conversion sounds like a pain.

No treatment, no cure, just a painful death.Cancer is ugly and I guarantee it will affect everyone on the BP forum at some point.