Also, it's hard in this area to reap assessment value rewards out of improvements.

Could be high risk / high reward. 

The higher our risk level the greater reward we will need to achieve through much higher rents.Unfortunately the big losers are those new investors that never bother to learn the laws that govern our business.

Look up stories on the recent demise of Town Residential.

Fortunately for the Passive Equity Investors, all the time and energy the operators spend finding an opportunity (likened to a needle in a haystack but they are out there), vetting contractors, finding quality property managers, networking with commercial brokers, relentlessly contacting sellers, underwriting deals, researching markets, building relationships and trust with their Equity partners, etc… to bring a quality multifamily partnership opportunity to fruition is taken care of.With trust and the proper relationships in place... the rewarding passive benefits of an Equity investor/owner can be obtained by those that have the capital to put to work!

Being an agent can be vert rewarding and very lucrative.

Real Estate investing is a business that can be tough, but very rewarding if you have a great understanding of the fundamentals of Real Estate Investing paired with good sales & negotiation skills. 

The harder I grind, the sweeter success, and the more I will help others to see the rewards of TRUE HARD WORK (Lead by example).

They've all been handsomely rewarded since that first JV and after the first one went through I was the one turning down potential investors and putting caps and limits and generally having a better bargaining position--but I made sure not to forget the ones who took a risk on me initially.

In your opinion should I be rewarded for additional labor or docked for hiring things out?