I get so many leads until it is incredible.

You'd have to have an incredibly good deal for it to be profitable with 15% interest.

I found this thread to be incredibly useful on many fronts. 

@Cara Lonsdale That is incredible advice.  

Once we know the most popular topics are,  we can prioritize, so please COMMENT. 

This means that you can do your first flip without having to pay taxes on it (unless your gain is incredibly large).If you decide to rent out a portion of the property while living there (house hack), talk to a CPA about how that will affect this strategy.Also, before you get too involved with any real estate strategy, talk to a CPA. 

Look for recent credit rating on the tenant and if parent corp. is backing the lease and not a remote LLC they can easily bankrupt and walk away.The car dealership is just one tenant and business you are banking on so land would need to be incredible for location and guarantor very high net worth for personal guarantee.There are risks associated with each property type you mentioned.

I did something incredibly stupid that I wouldn't suggest for anyone, and as far as all I've read here, is NOT what you're supposed to do.

Or your building may have a "surprise" issue that costs you tens of thousands of dollars to fix (but hopefully one has healthy cash reserves to cover these issues when they pop up).Also, past performance itself is easier to see transparently with a rental property than with a publicly-traded company.Even as a CPA, sometimes when I read the financial statements and annual reports of publicly-traded companies, I'm left wondering what kind of tricks they're playing on the inside to make themselves look better than they really are.But with a property, the due diligence is a lot more straightforward.But of course all these advantages of property come at the cost of investing a significantly larger portion of your wealth into a single, illiquid asset than you would if you wanted to invest in a single, liquid stock.Anyway I rambled a bit there, but my personal philosophy is that both equities and real estate are incredible wealth-building tools, but similar to @Andrew Johnson I am much more "active" in real estate.

Based on my experience as a tenant the fob key system is very easy to use and seems to be a very popular method.