Not impossible, but more difficult.Also, there is something to be said with getting your hands dirty and learning the ropes of investing.

Do you suggest sticking to this strategy and really being hands on from that perspective? 

Have first hand experience with this.

People make it sound like people just hand over money to help with funding a deal but I’m just not finding that to be true.Anyone have some real advice on this?

Take it first hand, if you're just starting out as an investor, I would just park your $ in a REIT.  

It depends if you are looking for cash flow, as well as how hands off you want to be. 

It just may not be feasible or wise to spend the time to create a database, maintain contact with owners, lenders and prospective buyers when there are few transactions).Conversely, available product is scarce in major markets, and as a result, a MHRV broker in a nearby state likely knows many eager qualified buyers.In large markets, I think posting a listing on Loopnet or other listing sites can be the kiss of death for a good quality/easily financeable property – before you know it, tenants and employees are alerted, and you have a bunch of worried employees and tenants on your hands.

How much did it cost, not getting it, in the ability to participate in future hands...with less chips in front of him?

Take your money there, its much easier.On the other hand, if you wanna double or triple those returns, do real estate.

I plan on getting into real estate soon but I'm trying to jumble both real estate investing and a retirement account on the other hand.