As we get older we shift and want to have a greater societal impact so we can answer the question to ourselves--what was it all about, what impact will I leave....  

You are only a few mindset shifts away from financial freedom.

I've personally shifted from equity into debt investments.

Needless to say this paradigm shift for us is a bit stressful. 

I'm switching to a new shift at my job, so I'll have Thur-Sat off and that works out perfectly!

As a 12 year veteran flipper, I totally agree with Thomas S. from Ontario...the past 10 months have been crazy with first time investors entering into an inclining market, so with the market upswing and added new investors bidding up properties just to get a deal, it leaves no room to make a profit at the moment...so, I am refocusing efforts on rent 2 own and my agency until the market shifts again....one segment to not discount is inherited that need to be probated, if you connect with a good probate attorney, you can be the one stop shopping and take them through the entire process until a person is appointed as personal representative and obtains license to sell the property through the court...if it needs work, almost all real estate agents will stay away as they are scared of probate and the time it takes, usually 8-12 months...but the pay off is fantastic...   

for now, i enjoy self managing and am making it work. i do completelyrealize if i am to achieve my goal of a few hundred or more units, i will eventually need to hire a property manager. for the properties i have now, i can handle it myself. i am headed back to the area today and will be looking at more properties on saturday. once again, i really appreciate you reaching out and will keep you in mind when i do finally make that shift.

You have to worry about a changing water table, seismic shifts, water quality, etc. 

The issue is most properties in our area of San Luis Obispo County and even up into Monterey County is that multifamily properties are priced at around 4 CAPs which leaves less meat on the bone for much of anything unless you're betting on appreciation way down the line but we are already at an unsustainable market, we should see a shift in the coming months because people can only stand to pay so much and eventually will realize they are overpaying or will find somewhere cheaper to purchase properties with better returns. 

I had planned to use all the cashflow to buy additional properties every year but if I can only use a portion of that cashflow then all of my goals will have to shift significantly.I guess this begs the question of whether it's better to invest in properties that are more expensive with less cashflow (but operate near a paper loss) or less expensive properties with more cashflow (but operate at a taxable profit).