While there is no bright line on what makes an active or passive investor (in order to differentiate between a securities offering versus a JV), someone who is active is first and foremost a business partner and is actively contributing a unique skill.

It sounds like you’ve navigated it so I might have to explore this a bit.

I definitely think it could be something worth exploring depending on your goals. 

Not only that but conventional "Does Not" have an occupancy requirement and FHA has a 12 month OC requirement.Conventioanl does offer a 3% down as well have you explored that option?

Are there any unique exit strategies that you could highlight?

With the $$$ exchange rate in some countries I’m wondering if anyone has explored investing in foreign properties and what that experience has been

Facilitated the sale of this unique, rural 80-acre farm property in NE Washington.

Terrible for any home that is unique, special situation or a C class neighborhood with mix of home quality (renovated vs run down).I find Zillow very useful for pulling my own deal comps though.

Hi Christopher,  I am exploring the idea of purchasing a cabin / home for Airbnb rental use and came across your story.

Here is one that we rent, its an example of a good product - bonus points for being unique: https://heartwoodfurnishedhome...You need to be a very good operator and be very good at revenue maximization & pricing.