I will caveat this - my broker is AWESOME and doesn't charge me an arm and a leg to be an agent under him.....and this is just year #2.  

Real estate income properties are not a arm chair investment.

Although we have had a price shock here as a period of fast appreciation has the locals up in arms, the objective demographic picture looks much better. 

Hello, BP.My wife and I just closed on a 2/2 1,059 sq. ft. condo in Durango, CO where we will be living for the next 2-3 years, maybe longer. 5/1 ARM at 3.375, 15 year am, $188,000 purchase price, loan of $169,200, monthly payment of $1,199.

AndI can't quite get my arms around it why this style is so popular.Anyway, look over this article about "experimental rental units."

@Alex HivelyGo to IREM.org search for ARM certified property managers.

You could try to specialize in something: digital marketing, social media, direct mail marketing (managing a mailing database, designing mailers), real estate software programs, etc.  

We were able to secure the house with a 5/1 ARM at 3.65% that included all of our closing cost wrapped in!  

You should be able to go the route of commercial as Bill stated, but terms are shorter, typically with balloon payments or ARM and interest rates are usually higher.

I have done this 2 times now and can get interest only for 6 months that then rolls into a 15 year, ARM at 5.5%.