I define passive as not having to rehab, wholesale, or any activity that requires me daily to keep the machine going...so that more or less leaves buy-and-hold of some type, perhaps buying notes, maybe something else I'm not thinking of.

Daniel, yes, I would say you should account for the management fee, in our area on MF the rate is 8% and then it goes down relative to unit size, you have to consider no matter the partnership, someone will have to get paid for this whether you are the defined management or a 3rd party group - 

You just have to define your business plan, and make it work for you!

In the absence of title insurance--which is not available for a quitclaim deed--the person receiving the quitclaim deed has no legal recourse because the deed itself states that only the interest of the grantor, if any interest exists, is conveyed.Whether title insurance terminates by transferring real property depends on the type of policy and how “insured” is defined in the policy.

Hi @Cameron Johnson,  you'll need to define what you mean by "flipping notes". 

Here is how the rule defines investment advice:A recommendation to buy, sell, hold, or exchange investments or a recommendation on how to invest assets that are rolled over, transferred, or distributed from a retirement plan or IRA.A recommendation regarding the management of retirement plan or IRA assets (e.g., investment strategies) or a recommendation regarding rollovers, transfers, or distributions from a retirement plan or IRA—including whether, in what amount, in what form, and to what destination a rollover, transfer, or distribution should be made.As defined in the final rule, a recommendation is a communication that “would be reasonably viewed as a suggestion” to take a particular course of action or to refrain from doing so.

@Travis Stafford It probably depends how you define "self-indulgence"! 

I looked on their site and can not find anything that defines "Premium Searcher"  so maybe I am using it or maybe not....I don't know. 

Define what your looking for in your metrics then zero in on the areas that have multi-family availability in the neighborhoods your comfortable investing in.

@Chris Collins: The contract mentioned: "meets the criteria for being an “Accredited Investor” as defined in Rule 50 1 of Regulation D promulgated under Section 4(2) of the Securities Act of 1933, as amended (the “1933Act”)".