While none of the children were "professionals", I had always assumed they were all similar in financial things.

Most of my friends are going to be sporting the latest in Lucas gear.

That might be a poor example since you may not be able to command millions of dollars as a professional golfer.

In the meantime I am actively investing in RE and also do taxes and other accounting services for RE professionals, developers, investors and landlords.

Started in Real Estate on a professional basis about 6 months ago.

Or, there are many good products already out there and, for a fraction of what you would pay a property manager over the course of a year for a single property, you can outfit yourself with some primo tools and do it yourself effectively and professionally.

There are Pros and Con(s) to working with InstitutionalBuyersThe Institutional Buyers are a very professional group ofBuyers.

Most professional property managers - those of us who have been in the biz for a LONG TIME - interview prospective client/owners as much as we interview the property itself.If a client/owner starts tellin me how to run their property, I give them the names of two of my "lesser" competitors to call and interview.

You can do it, but I would recommend getting your specific road map for this from a competent lawyer and shy away from self proclaimed real estate gurus telling you how to outwit tax law--take your advice from a professional or you will not get professional advice.

In about 3-4 months (tax return + a sports car since I have two but don't drive it much anymore) I should have 10k in cash assets and be completely debt free.