I did listen to Barbara Kahn, a marketing professor a Wharton, talk about how some retailers have fought back against Amazon with success and that was fascinating.

SF reposition multis, and Professor extraordinaire: Account Closed have the best of both worlds cash now/quick reposition then continued high cashflow + Bay Area appreciation.

Doctors, lawyers, and professors are a good source for passive investment capital.

Oh boy...I can really relate @Michael Ouvrard with your story of being a relatively well-paid but less than wealthy pharmacist PhD...I have a PhD as well and have grown to absolutely hate my college professor job (surly students, constant, long, boring meetings, rude colleagues, too many nights away from wonderful family on useless conference travel, very little money in my bank account at the end of the month!!).

The professor held a MAI designation and appraised commercial real estate investments for several years.

As my poetry professor once told me, "Mimic the moves of a master, and you will soon move like a master."

The Mortgage Professor has spreadsheets on his site devoted to discussions like this.  

Half of these academic professors have never had a real job in their life..

Man, I wish that book was written when I was broker.That book led me to his 2 earlier books "Marketing to the Affluent" and "Selling to the Affluent".He was college professor at the time he wrote those books and he interviewed millionaires to find out how they got their wealth and how they chose investments and financial services.

Based on the conversation and your confusion trying to follow it (completely understandable) I would recommend giving a listen to BP Podcast Episode 211 with the note professor himself @Bob Malecki.