Bedrooms closet seems negative b/c the inhabitant wouldn’t have anywhere to hang their cloths...

I like the building but hanging up with rm20 since the NOO permit will be banged by Jan 2022.

When I said passive investor, I was referring to invest in real estate part time while hanging onto the steady income from another job.

That's what will hang you up wherever you are.Having written screening criteria that applies to everybody with a standard income requirement will probably take care of this. 

While I reside in LA, I am targeting markets with apartment owners out of state. BP community, any suggestions as to where or how to find such online communities ?  Thanks so much !

I can't install tubs, I can't repair drywall, hell I can barely hang a mirror...so being realistic in costs (and it turns out I should be more realistic) is key.Because our rents went up $50 each unit, I am directing most of that to an increased CAPEX/maintenance budget for 2020.

I know everything's a little different with the work involved on the properties but I'm curious more than anything.I'm hanging on to the duplex I just purchased but for the next property I purchase, BRRRR'ing is what I'm looking to do at that point unless I find another buy and hold deal that's too good to pass up. 

Is he a broker and you are hanging your license with him?

Since your broker is accountable for your actions they may tell you to find a different place to hang your license if that happens.

When I coach young agents, sooner or later they ask me about working with investors, because it seems like low hanging fruit to them.