But just searching "commercial real estate" alone will be way too broad and you can't really act on something so broad.If your capital is becoming available on a monthly basis (re: I'm in a position to invest $50-100k per month for the next 24-36 months) I would consider either:Invest passively with experts, learning along the way and continuing to make money from your area of expertise that got you into this position in the first placeSave that money every month for 12+ months while learning the ins and outs of the niche you decide to focus on, then make a move

Chances of success is way higher because you can leverage on the experience and expertise of other people - just like what I did leveraging on the experienced hotel operator I partnered with. 

He is speculating about what might happen when Fannie/Freddie are passed onto the private sector in a few years, ending over a decade of gov't conservatorship.

Local-level housing authorities work with the private and public sectors to house folks...so landlords are a good resource to help with the affordable housing crisis we're experiencing in this country. 

I think that since I am not bringing the money to the deal I am under valuing my time and expertise.

In your expertise, how would you set up a long term partnership LLC with one partner that has $0 capital?

The overall message to the PM is:  I am giving you an opportunity to demonstrate your expertise and to provide me with an acceptable ROI, tenant experience, and frequent feedback. 

You're exactly right Bjorn.It also depends on one's skills, experience, expertise and strengths.

I recently looked at a couple properties in Dallas where a multifamily with under 10 units is listed is listed from about 800,000 to 1.5 million.Here are my thoughts :If I had the money to purchase any one of those properties from 1 million to 2 million price range I would probably want to get something that is more than 10 units so that I could spread out the potential risks of vacancy and late payments and potential downsides that renting multi families comes with.Now I know many people will say well the Dallas Market is a very strong market and there's a lot of appreciation, and fairly growth in a multitude of sectors .

The moral of the story, for me, stick to my area of expertise... be come good at what I do (investing in 2-4 family properties), really good, then and only then consider adjusting my strategy.