This involves:1 - Breaking away from a home owner mentality with regards to money and investing.2 - Using "$$$" for analysis, and eliminate almost all use of "%%".3 - Learning, and following, the 2 Golden Rules of REI...to be succesfull4 - Understanding the meaning of this number sequence, 1073741824, and how it applies to REI...that's the start.

I have been invited by a fellow that is a member of Biggerpockets to be involved in buying and selling single family homes and I might go into that because of my brother who has plenty of experience and is knowledgeable in that field and he has offered to help me.The reason I chose apartments is that I have been convinced of it ultimately because of all I have learned that it is the best way to go long term and ultimately you can hire a Property Management Company that will take care of the daily operations and that managing a property management company will not very time consuming. 

My goals involve building long-term wealth through buying and holding rental properties, however, my largest barrier to entry is obtaining down payment a such a hot market.Since graduating in 2016, I have been working as a digital marketing consultant and paying $850/mo in rent living with 3 others.

For any kind of investing that will be time sensitive, involve multiple assets, or assets that generate a lot of transaction activity, these checkbook plans will be much more efficient and effective in terms of time, paperwork and expense.As I noted, there are several quality providers of both types of services here on BP.

I really want to get involved in Real Estate Investing with Rental Homes first, after a few, add a couple vacation properties, then may a few commercial units.

Now that I have seen ither fees involved with hiting a property management company, it seems like that 10% will be much more.I added in leasing, renewal, and setup fees, in addition to the 6-10% management fee.

It is simply a means to diversify your savings into an asset that you may understand better and have more control over.For you to have access to the funds personally, you would need to take a distribution, which will involve federal and state taxes, as well as a 10% penalty for early distribution if you are under age 59 1/2. 

On the other hand, I feel that some of their other funds (for example the ones involving ground up construction) are too speculative for a conservative non-accredited investor doesn't have a lot of extra cash to speculate with.

Don’t get involved in their life.

I had 1 transaction with 2 agents involved , long and slow .