The best way to explain it is thats its like playing poker for the first time. since its your first time you wouldn't just walk up to a poker table in a casino and drop 50 grand right off the top right?

Also, is it a hassle to park at casinos?

@Jason White,My first impulse is to say no matter how much you have available you'll want to invest for income in retirement to ensure that your money is growing at such a rate that you drawing your living expenses from it will not deplete the principal during your expectable lifetime.You may want to read up on self-directed retirement accounts and other ways of being a private money lender.My personal thoughts on buying property with no loans is that its roughly equivalent to gambling in the Wall Street Casino.

The only shortcuts are ones like walking into a Vegas casino and risking way too much.

My friends sit around and smoke cigars with me and we ***** about living in Cook County when free America is 30 minutes away and they ***** about their job at JP Morgan Chase and I ***** about no profit in contracting and we both ***** about how we're not getting enough cashflow and they ***** about how their Logan Square condos that aren't performing and then we ***** about the new Bond theme song that isn't as good as the one from Casino Royale and then we see a hot girl walk by and then we ***** about why hot girls congregate in blue states and then we talk about guns.

I get it that everyone wants to come to the party, especially now with prices having risen fairly dramatically, but sometimes I wonder if the Bigger Pockets room is akin to standing on the floor of a casino where a few people have won dramatic sums in some of the "skills" games (poker, blackjack, etc), and everyone else starts running out into the hallways begging for money to drop in the slot machine so they can get theirs too.Anyway, it seems an interesting philosophical question to ponder, and I'm curious what others may think!

Casinos, hospitals, schools, big businesses coming to the area that will create jobs and drive occupancy rates. 

I have a property in Rohnert park right next to the Graton Casino I bought in mid 90s for 27k  4 acres tax's 200 a year just sits there.. just put it on the market for 3 million will take two though  :)  its all perspective.. and where you live I made more on my bay area properties in appreciation than I could have possibly hoped to make in a life time leveraging small dollar rentals or drip income at 200 a month per door.. but to be fair I am not an investor I am a business owner and we create income with commission s Points  interest delta building new homes etc etc.. average investor cant do that .. they don't have the skill sets or experience to get the financing to pull this stuff off.So I totally get the buy a rental house try to scale it for the average W 2 or high income earner who is focused on their career.  

.* improvement in my spouses RE brokerage due to REOs* increased rents received and lower mortgage payments* the fact that Dallas did not have a housing bubble and thus the correction has been mild* having never invested in the rigged casino, err - I mean US stock markets.

those areas are closer to the river (casinos), closer to 95...northern liberties is a trend thats on its downside considering the amount of money pouring into the area over the past decade is just criminal....kinda tough to get in there for a profit.if you are stuck on a multi-family in north philly...look around temple.