This is going to be true for FHA loans also. 

I'm more familiar with single family homes, but not by much from an investing perspective.Fix and flip and other more active forms of investing are interesting to me and I may branch into it later on, but I'd like to start more in the long game.  

True, everything is passive as long as the borrower is paying you.

The market is strong right now but it is a cyclical game. 

VERY true.

He also points out that anonymity is not the same thing as true asset protection, and someone determined to sue you do so will do so if you don't have the proper entities in place.

Yeah, you have to pay them a fee but that is always true re someone with experience and who knows the ropes. 

Hey all, I’m new to BP, but have been a part of the real Estate game for several years now.

With the coming of online vacation rental sites like Airbnb, true occupancy is not disclosed, and we're left to guess.The result of guessing is some level of inaccuracy (mild to wild), which brings criticism to market pricing / availability tools.

Once you have the source of the leak identified, you can go from there as far as a game plan for repairs to mitigate any future water penetration.