Degrees in Real Estate Studies, Finance or Economics, Management or Business Administration, Geography or Urban Planning, Law, and Civil Engineering or Construction Management are among those that are frequently pursued.

I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

HOWEVER, consult with your lawyer and/or property manager to verify the applicability of the law. 

If you are married and have a partner that doesn't work, you may be able to do this if you keep good records and are essentially managing the properties yourself. 4.

Lubbock investors - I wanted to see if there were any investors out there with recommendations for a good, investor friendly general contractor and property manager?

-I believe that I will need to self-manage the property through something like Airbnb/vacasa/vrbo in order to meet the “Material Participation” threshold?

.- Project management experience.

@Ankur BaWe manage around 20-25 or so in Hillsborough and more in other counties. 

I’ve enlisted the help of a property management company to assist me in the process.

There is also one decision-maker: the fund manager.The downside is the fund manager has to get paid, so that’s a point of friction on your return.