trying to weigh my options as a LL. Recently got an offer from a wealthier group looking to get into owning large multi family assets to join their team.
So to keep things short, I have been involved in CRE for roughly 2 years as a LL in a major HCOL in Canada. In under 2 years I have done roughly 20M in transaction volume (100 units or so) between selling promises to purchase, repositioning assets I closed on and sourcing portfolios for brokers I just wasnt able to close on. I started this with almost no real cash and have just been playing tic tac toe non stop for the past 24 months trying to fund one deal with proceeds of a broker commission that funds a deposit on a promise to purchase etc etc. 

I have been lucky to be surrounded by some of the best investors in the city and have been able to really aggressively ramp things up and a few have taken notice. It's been a wild year filled with insane stress levels, more non refundable deposits I can remember and man, i am BEAT. I took massive gambles and risks along the way that all panned out pretty well. 

With this, people have taken notice and I was brought in by a friend to consult on a deal a family member of his was doing. Larger 20M multifamily deal with a room of lawyers and accountants. Standard 4.25 cap rate etc etc. I spoke up and brought up quite a few issues I saw on the property and history everyone seemed to be ignoring and the rest has been a wild ride being brought in to weigh on every deal they are looking at (theres been 3 more). Its been a few weeks since and I have been helping free of charge (I didn't want to be compensated to keep my opinion neutral and make a good impression+I just felt bad for the guy just being billed without getting any value in return)

I was invited by the investor to formally join his team. 5% equity stake in everything he buys going forward + base salary to be negotiated. 

Has anyone ever hung up their spurs as a LL and went to the acquisition side? I would be lying if I said I am not DYING for a break (still have about 25 units under renovation + refinance I would have to manage) but I fear I am just getting into my stride at 35 and have a ton of life left in me to go about this alone. 

I would be lying if I said I haven't been having a blast but things are different when you aren't running at 95% risk on every day of the week and everything else looks fun and shiny.
[{"id": "hlu814e", "text": "Sent you a DM", "replies": [], "depth": 1}, {"id": "hlucvls", "text": "Sounds like a great opportunity. I\u2019m kind of in the same boat although I\u2019m no young savant at 49. I\u2019ve been on my own for a few years doing this and that. While I love the freedom and control I hate the isolation and the instability.", "replies": [], "depth": 1}, {"id": "hlv3py7", "text": "That sounds like an opportunity to good to pass up. All else fails go back to LL and get going again, your obviously good at that.", "replies": [], "depth": 1}, {"id": "hlwlkp8", "text": "LL I\u2019m not familiar with it. Land leasing?", "replies": [], "depth": 1}]