While you can try your hand at being a sort of market-maker, it probably won't lead to the outcome your looking for.

I don't predict a positive outcome and I see many ways for you to lose money, get taken advantage of, etc.

Just because there are a ton of properties on the market and prices are low does not make them all good investments, and conversely just because demand is high and prices are high does not make them all bad investments.IMHO Appreciation is speculative and hard to predict, so each prospective investment must go through the ringer irrespective of speculated appreciation.... and if it works it works.

I can’t wait to grow and be able to soon pass along some information to a young prospect as well.

A newbie can then show a prospective lender the pics and say "this is what I WILL do" without claiming to have actually done it.

:-/The landlording didn't take a ton of time, but I target vacant buildings, so prospecting, managing the rehab, and leasing everything up takes quite a bit of time..

Aggressively pursuing a DIL with elderly folks who are having a hard time understanding what the intent or outcome may be is not a sound practice.

If you (or anyone in LA) is ever so inclined to go out and look at prospective investment properties in person and do the analysis of whether or not it'd be a good investment as a group, just let me know.

As to your point, I don't really see any reason why the prospective investors broker-dealer, CPA or tax lawyer would hesitate to certify accredited status.

Property managers are very good at screening and qualifying prospective tenants, they know how to deal with tenant issues, they understand the local and state laws, and last but not least they save you time to to other things (live and invest).This doesn't mean that you couldn't manage your own property but there are very few reasons to justify not having a manager.Post any other questions you have.Continued success!