I'm a mid 20's software engineer by day, a platoon leader in the Army on the weekends (guard), and a FI/RE/investment enthusiast 24/7 (yes, I often dream about investments)!

Put my real estate dreams on hold and wait for the debt pay off to be complete?

New "American Dream" Will we see small, rural areas develop contemporary communes, with all the draws and fewer concessions?

I've been listening to BP podcast for awhile now and  I think I'm finally in a place where i need to start making moves to make my dream of financial freedom.

It's abysmal and you should run the other way in terror because houses like that are alligators that will eat you alive rather than fund dreams of passive income.Plus, it just doesn't scale well. 

Works like a dream. 

If they are looking for a pipe dream I simply work with my clients in the U.S. who do not have to overcome all of those hurdles to complete a successful transaction.Your deal size matters as well.

@Robert Gravelle really is no right or wrong -depends on your comfort level living far from your property and being passive while you leave it to a manager (many dream of this!).  

If you spend the next rest of your life playing it safe, you may still fail, but you most likely won't reach lofty dreams. 

Do your homework BEFORE you lose money.I almost did, when we explored purchasing a condo in a very well visited European summer vacation destination in the Mediterranean Sea, Mallorca Island (completely a dream by the way).