We want to buy an arcade machine for our STR that plays a bunch of different games.

These will be LTRs and I will most definitely be playing the long game with these.In addition, as rates go down in the future (hopefully) I plan to refinance as most of us do.

Looking for a long term play with rent stability more than making huge cash flow.

Step up in basis to reduce your heirs' taxes and morePlus the real estate tax "deferral" can end up being permanent if played correctly

Exactly 1 year later my first tenant moved his family in where his kids and dog can play in the massive yard while raising 2 cows in the barn.

This is where my mistake comes into play.

Real Estate is a long term play. 6.

That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you. 

This clearly has nothing to do with laws, regulations or operating numbers but I do think it plays a large role in the decline of the market.

You're not in the position to be a cash buyer...as a former wealth manager, it's simply not a good play for you for many of the reasons stated above and more.