My 20s were a blur, working all of the time, starting a couple of businesses, and living off of nothing.

A TIC gives you direct title and typically more control, but often requires active votes and occasional capital calls.

To qualify, you have to prove actual day-to-day management or operations, not just investor-type oversight.Things like studying financials, preparing your own reports, monitoring money without being in a decision-making role, or having occasional consultations don’t count.

I run into this scenario occasionally.

My tenants appear to be respecting the smoking outside policy but I do occasionally smell signs that they’re smoking their marijuana inside.

Read books and maybe take on the occasional 3 day seminar. 

Lightning strikes occasionally if you're active, but that isn't a business plan.

I don’t know if Patrick was completely duped by Robert as well, but I do know that when I make inquiries, Patrick directs me straight to REM and doesn’t address the issues himself.Patrick seems to be a very intelligent guy and, honestly, I still occasionally listen to his educational content, but I will never invest with him again. is he licensed series 7 so he can legally take fees or was he a principal or employee so he could legally take fees ? 

Just got the unit back right before finalizing the eviction to discover that they had been scamming multiple TV/internet providers for the free 3 month sign on period and then switching to the next as there are about 6 different companies boxes that I have to sort through and return as occasionally they stick the bills for equipment with the landlord in our area.

Flippers use this occasionally.