We have stackable LG washer & dryer in our tiny urban home shared with our tiny urban STR!

STR's are the most management intensive way to produce cash flow on a property and Tokyo is 9 hours ahead. 

If by the time of retirement I have 10-15 income producing properties on top of my 401K I would be very happy.

Let’s also look at income, not just total wealth, since many folks, especially hourly workers, in the bottom 50 unfortunately, really can’t/don’t save much money or own income producing assets.

Don't listen to people who have never owned income producing RE.

You’re basically selling something that will have almost zero resale value so it’s going to need to produce one hell of a return.

I prefer a producer driven economy.I hope you guys keep commenting on this thread as I learn alot from your candid non curated opinions

So construction only lasts for 5 years, after that its just a refi every year which will produce an essentially tax free income of 100-120k per year.

Office space and other resources provided by the broker need to be allocated to those who are producing results.

A two-family where you live in one side and rent your other rooms to friends and then rent the other side (maybe even do mid-term rental or short-term) with a much lower downpayment is potentially a better producer.