I like your idea of breaking those individual task to a daily assignment to keep me pre-occupied until the next property and will definitely incorporate a similar system.

How BP investors invest is a very small subset of how most real estate is purchased in the country by institutional investors, developers and sponsors, who are leveraging OPM.Try to think if you know any Guy As...may be hard pressed to think of one.This stuff depends on people's individual goals.

With a short time frame, it is far too easy for stocks to lose value.As far as purchasing rentals with the proceeds, that would depend on how much you could safely leverage the funds and what kind of return you could expect.Long story short....there are too many variables involved to get sound advice in a short blog post.I would start by writing down a list of goals and then seek advice from a trusted tax advisor/financial planner and real estate professional to get solid advice, based on your individual circumstances. 

Any insight from individuals that were in my shoes when starting out would be helpful.

The property does not have a separate address can i just put a individual mail box for each unit?

Chapter Two describes these relationships, which include (but may not be limited to) the following: spousesparentschildrensiblingsstepchildrenaunts-unclesnieces-nephews...and, according to Chapter Two of HUD 4155.1, unrelated individuals who can document evidence of a longstanding, substantial family-type relationship not arising out of the loan transaction."

My parents are heavily into it already and even though many individuals would think of that as a back up, I would like to start to dabble it with it on my own.

If, the reserves drop below the $5000 the partnership will start the monthly $50 individual donation until reserve is back fully funded.

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business. 

@Ron Quinn I have seen some  at the conventions that I attend for property management companies, not sure if it's for individuals.