Then they get into buy and hold for single families, and then small multifamily and finally large multifamily.  

You should also do it in small increments over time.

If this item 1 dead ends do I have a small claims case? 

Basically I just want to be the investor, pay a small fee for it to be managed but in the event the borrower happens to foreclose then the property would still go to me because I’m the investor?

But it also seems highly dependent on HOW you run your hotel business.There's also some thought on which segment of the AirBnB market to be in - small, mid, large.

My bet is that you did something small during your first class. 

If you want passive income, I would start by house hacking a small multifamily property once you are able. 

A small claims suit of $5000 was filed against me. 

Pay the small fee to a mgmt company and use your time more effectively finding new deals creating more cash flow for yourself.

I try not to sweat the small stuff.