If you are doing the work - you may as well be rewarded for it.

Otherwise, I would look to for an equity partner who will share in the risk (but also any reward).

I am just being a bit of a smart a$$, but seriously, you gotta weigh the risk and reward.

I just can't shake the feeling there's more to this story.Good Post Jon...There seems to be a little too many"potential" pit falls for such a transaction without any reward for yourself...

If the risks and rewards of RE are appealing to you, using any investment vehicle available to you do invest in that vehicle would be logical.

Thus, your risk reward is also substantially lower with a JV scenario.

Think about it as a reward to the tenant for staying long term. :-)

The amount they ask for the yearly fee is nothing for the rewards your are reaping, in regards to the stories you hear about people paying thousands for a real estate guru.

If I did not have a rewarding career which paid well and provided my family and myself the best benefits available I would go further in.I can certainly understand and appreciate the benefits and adventure of it, I find it surprising that others can't see the benefits of other avenues of investing... but what can I do.

Risk vs reward is not there.