Wealthy people know their time is better spent making money doing what they know and hiring professionals for everything else.

I actually made my first offer today in the neighboring city due to the fact that there is a trend of wealthy people migrating towards the east which is increasing development and property value in that area.

While real estate can be a path to making some money ("substantial wealth" is likely a stretch for most investors) losing money is a VERY real prospect. 

They may over-occupy with their multi-generational and larger sense of family culture, but not party and deliberately not care for my property.

Not being wealthy by any stretch and without much start-up capital, how realistically is it to start with little or no money..

I think i like buy and hold definitely a lot more than anything else, because I’m trying to build wealth. I

A good team can make you wealthy and the wrong team can be your demise. 

Is it because you are looking to be more “time-wealthy” and therefore want a passive role?

I am approaching this casually at the moment, but it seems that the number of multi-family homes in the Phoenix and surrounding areas are very limited -- I guess it's a difference of culture or the fact that land is so cheap in the southwest that there isn't much demand for a duplex/triplex/4-plex.At any rate, I'd like to hear from anyone who has invested in this region.

My partner is independently wealthy, with free time and money that he wants to start working for him.