I, of course, am extremely biased about how talented he is, but I can say that the majority of his clients keep coming back to him and trust him as they know he is honest, fair and darn good at what he does.Due to our mutual love of homes and real estate, rentals are a natural fit. 

Real Estate investing is not for everyone, and real estate investments are by nature illiquid. 

Thank you for the info.When I post this, it was more related to the ins and outs and how this could affect myself (as a owner of my own property).Also, I would like to have an overview of a deal and what does it entails (your article nailed it very precisely).Also, thank you (@Wayne Brooks) for letting me about the real behavior/nature of an auction.Thank you everybody.

It seems natural to transition into a project of this type.

The PG doesn't strip the limited liability nature of the LLC except as it applies to the lender's remedies if you default on the loan.

...and to answer a few specific questions, while it's entirely possible to work with a commercial lender to have this viewed as a portfolio, they're still going to require skin in the game from you, plus (typically) some proven track record of profitably managing a real estate investment business. 

I've also made a commitment to myself to come out of my shell and shed my introverted skin, so I'll be attending my first real estate investment group meeting on Wednesday.I'm nervous, but my desire to create a passive income stream so that I can quit my job burns stronger than my fear.

On Zillow I see houses that sit in the market for 1+, 2, or even 3 years and up, and the price reduction can be as much as 30%, with some Zestimate @ 50% of asking price.One agent told me this is the result of the 100%-discretionary nature of 2nd home area.  

It's just human nature.

My wife and I are newly wed and in our 20's and have bought our first home last year so naturally, we don't have much money and need and investor or some kind.