I'm sorry, but wealthy people didn't become wealthy by preventing others from being wealthy.

One of the many great benefits of the military is the housing allowance, and if you use it to accumulate rentals along the way, you'll be a wealthy man when you return to civilian life.

If you had spent a dozen years in property management, and are now looking to buy, I might invest with you.If you had wealthy family friends and hooked up with a very experienced operator, I might invest with you.If you had educated yourself and happened upon the killer deal, I might invest with you.If you are scrambling in the dark with no experience or capital, why would I invest with you? 

Do you have a wealthy friend you.

You get some auditor who is inexperienced or even bitter towards wealthy people and they will go after you. 

Cash flow can pay the bills, but appreciation has historically done better at building long term wealth.  I

Then, in many cases (consult a tax advisor), the gains are wiped out and the cost basis is reset.The Biden administration is proposing to cap this loophole at gains of $500,000 in order to make wealthy investors pay "their fair share".

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If my goal were to build wealth, I would be focusing on how to build up my reserves to cover emergencies - friends, family, personal loan, HELOC, etc. 

Then others have said to rent because the home is in a great area and being a landlord is a great way to build wealth. I