I heard that 2nd tend to be risky with more reward.

. - awesome explanation of the risk/reward spectrum.  

If you don't feel you can reward yourself give it to someone that really needs it.

If you have the stomach for it, it's a very rewarding business but sometimes it can be scary, disturbing, challenging & sometimes down right disgusting.ENJOY!

It's up to you to decide whether you have the time/energy/inclination to do a higher risk, higher work-load method in exchange for potentially higher rewards, or if you prefer a lower risk, lower reward option.

And the law backs that up, they fine the owner of the property, not the tenet   Call it unfair all you want, that is the deal you make when you own property, it is one of the risks that is rewarded with cash flow.  

When in reality they are average Joes who made smart decisions in life and are reaping the rewards.

Warren Buffett once said about his job that he couldn't understand why this economy rewards men who run into burning buildings and women who nurse patients back to health from death door with tiny little salaries, while he was rewarded with billions for being able to spot the mispricing of a commodity.

We'd love to hear others' thoughts on the risk/reward profile of each and anything we haven't yet considered:Value-Add Apartment SyndicationsPROSHigher return potential (most pro-formas I've read aim for 13-18% IRR over the life of the investment) due to value-add componentSpecific market and asset risk is short-term (most funds aim to sell properties in 3-7 years, after value-add is complete)Can fairly easily spread risk across multiple assets and markets using a syndication fundInvestment opportunities (at least at the moment) seem to be readily available from many different syndicatorsPortfolio risk from individual unit vacancy is minimal (although nationwide eviction moratoriums and neighborhood/regional factors can still present a risk)No impact to personal credit.

The policy makers reward debt and penalize savings with low interest rates.