You will get hands on experience with management and also live practically for free while the other units you rented will pay for the mortgage and maybe put some in your pocket after all expenses are paid.

There is always plenty of it, most without any first hand evidence to support it.

I am at a bit of a crossroads and want to play this hand correctly, and I'm not sure what my restrictions are.

Yeah it amazes me how someone can live in their home scot-free for 6-10+ years without a single payment and then have a new lender have to hand it over to them for sending one letter, for merely pointing out they actually owe money.   

We are purchasing a home for STR purposes and have someone who wants to invest but wants to be 100% hands off.

I know first hand as I experienced this early in my investing career and had self-realization in 2005.  

I’m a police officer out here as well so I see a lot of things first hand- there are some neighborhoods in Brooklyn (SI too) that are riddled with so much crime, drugs and violence that I wouldn’t take a house in even if it was free. 

On the other hand a year lease can make the tenant feel obligated to stay longer. 

If I had a lot of extra time on my hands and have proven my business savviness, I would take a portion of the $500k (maybe $100k to $150k) to acquire a multifamily with a 25% down loan and manage the property myself - this is sort of how I got started.

I'm New to rei and I'm starting off doing wholesaling but need some hands on guidance to help me on my journey im out of the San Gabriel valley, ca is there anyone that can head me in the right directions?