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Hands-Off real estate investing

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I am a college student doing an internship at a Boston based real estate investment firm that is offering a condo conversion program, and I am wondering how people feel about a fully hands-off real estate investment. The company I am interning for handles all of the logistics, and even guarantees that the condos are sold after conversion. Would you be willing to give up control if it means eliminating all of the normal hassles?

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