utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.

I did a search for Hawaii and Oahu on Bigger Pockets and found a bunch of your posts and was especially challenged by your well-written article arguing against buying a home in Hawaii (or other primary market where rents are less than 1% of the home value)  (If someone can show me how to find Lane's article on biggerpockets, I will post a link, it was very very thought provoking)    What I understood from your writing (here an in the other article), if a person had to live in Hawaii and had $500k to invest, he should buy some cashflow capable real estate elsewhere in the states (KY, PA, OK, etc. where a SFH can be purchased for $30k -- less than the price of a decent building lot in AK) and pay the Hawaii rent  with the net cash flow from the other properties. 

Great replys and good thought provoking options.Some of my limiting beliefs: (concerns)- I can't seem to find a small multi-family deal that makes sense in houston or the SF peninsula area.- not sure I have the time to manage a small multi family and seems management cost kill any "deal"- not sure I like the property tax situation/cost in Texas.But hopefully I can get beyond these concerns with a little research and help.Hope for more replys and tough love / encouragement.

Not many engineers I assume)curious what you and other Phoenix area investors think of these points, thanks for the thought provoking post!

So, I will be following this post to see the responses.Below are some quick links to get engaged on this site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketsLastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

If you comment with a question or two, you'll probably get a response as well, :).The podcasts are great as well- informative, thought provoking, inspiring, motivating, and very comical sums them up.

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Good thought provoking thread.

I finally came to the conclusion for myself that it "tickles" that dangerous part of my brain that loves to dive into "interesting, thought provoking, complex investments".