I've kept my options open along the way knowing I wanted to do a mix of traditional MLS sales for the income and go down any investing path that opened up to me.

@Miguel Matos I wouldn’t do this as mixing family and real estate is generally a bad idea, but that’s just me

Mix it up.

Now that can be 20 single-family residences (SFH) or a mix of 8 duplexes and 4 SFHs.

Am i mixed up somewhere?

He made it sound as this was a great way to find property (We were drinking at his sons wedding so I hope this is relevant).

@Mike LattierLike others mentioned, I think the younger you are, you have the option to take more risk.Im 29 and my mindset is I can lose it all before 35 and still make it back much quicker the 2nd time (doomsday scenario)I think there is a sliding scale of risk when it comes to any type of investing and in real estate you have different markets, price points, neighborhoods, types (sfh, multi, mix use, storage, etc) that may all factor in differently with your goals.For example, I invest heavy in C class right now for class flow but if I was older id transition many of these into B class

I inherited these units with the purchase of my property and have mixed feelings about them.

I'll chat with them a little bit and usually say okay (I make them give me their word they'll drink responsibly, because I don't want a mess).I will say I made one exception to the booking-by-proxy rule, a 12-year-old girl had saved up all her money to send her parents on a little weekend getaway, and she recruited her neighbor (who was also an AirBNB Superhost) to make the reservation for her.  

You've got to look at your biggest expenses (rent, car, insurance, gas, food, drinking, utilities) and figure out how to cut costs and purposefully set that money aside.