I expect the RE attorneys will contribute more to the home buying process and make some more money.For the last group of people who still prefer to use their own agent for showings and advice, they will pay a flat fee per showing, but they will demand more value from the agent instead of simply opening a door.

Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.

The last sections of Pasadena where you used to get "cheaper" homes at North West Pasadena (between Washington and Woodbury and Fairoaks and Lincoln) were homes used to be under $700k are now going for $900k as fixers and over a million when renovated or addition of sq ft!!

Use my last scenario a Duplex in Indiana just outside Carmel in an upcoming area investor went into contract and closed on a $175K Duplex (2) unit which had "New" renters at $1200 a door a month

I had to school a so called wholesaler last week on his comps, lol!

I just purchased my most recent property last month by selling one of my inland single family homes for a duplex closer to the beach. 

However, take a look at your father's tax return and see how much PAL (Passive Activity Loss) may be built up. 

My husband and I have always been interested in real estate investing and have spent the last year poking around the subject.

Nights, weekends, irrational/emotional clients (this last one goes just as much of owner-occupants as it does for investors).  

He was a guest on the BP real estate Pod cast over the last few weeks...