If it means only braking even on your first deal that's fine.  

It doesn't sound like this is the case but the only time I have seen participation buildings have been in the case of a Townhome, I have seen some "renovators" in the Denver area get creative where they take a larger home and brake it into (condo/townhome) type units and then require each unit owner to acquire their own flood policy even though technically it is one building.

Sometimes just need to pump the brakes and take a deep breathe.

Hey mate,My opinion is to hire a local trusted property manager.Investing in real estate should not be about getting yourself into "another job" but rather elevating and delegating.Don't do the "$20 per hour work" per se but rather focus on scaling your portfolio.Granted a property manager can "make" or "brake" an investment so be super diligent.Just my opinion for what it's worth.All the best

He said he would buy like a 500k property for 400-450k that barely needed any work, then he would rent it out just expecting to brake even at least on cashflow, but preferred a little cashflow.

There are also insurance and tax brakes with green homes.

Many people need to pump the brakes.

If you drive you your tires WILL wear out, your brake pads WILL need to be replaced, your car WILL need repairs.

Exponential growth fir five years, then hit the brakes in 2022.

A battery, alternator, brakes and tires are much less than car payments.