Here's the ingredients I look for that make this model work:- Location, Location, Location- Partner with accomplished and high character operators -Understand your market and take a conservative approach to selecting the dining concept.

As a general investing concept, and as a newbie who has little capital to invest anyway, I have become a huge proponent of putting as little of your personal wealth into a deal as possible.

However, the tax advantages against w2 income and the concept of being hands off are unfortunately in opposition to each other.

Any ideas, proof of concept, or real life stories you wish to share?

Newbie here so further insight into this would be very helpful as we have been struggling with this concept.

As a general investing concept, and as a newbie who has little capital to invest anyway, I have become a huge proponent of putting as little of your personal wealth into a deal as possible.

@Joseph Harr, this is an interesting concept.

For example:The “home-sharing” concept is allowed (owner lives on-site and rents part of the property). 

Pretty easy concept. 

Similar concept, as a way to sell a property off instead of 1031 exchange and minimize tax obligation.