Many people don't want to self manage from out of state, and professional managers can suck up alot of the cash flow, and not do as great of a job as you would've hoped. 

People were so quick to say he was way off base.   

He teaches people to build small, but productive, portfolios.

Realtor; "Picture yourself kicking up your feet & enjoying some me time"Me; Its a freaking hoarder house that I'm gonna flip!

I just found a property that is on the river and seems like a place i would enjoy living.

I enjoy interacting with other investors and helping people do better, not measure the quality of questions.

Prove your work ethic, and opportunities will come.6.Enjoy the process.

@Audris TienIt Is known in the industry - read the website - logically two people could not manage $1.4B in real estate?

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

All the people I know who bought there did it for lifestyle.