Its long but it pretty much covers all the "important" stuff discussed:Here are the cliff notes.He notes a pattern of judgments at seven-year intervals stemmed from the shemetah which basically stands for "washing away of things" he went back on historical records on other shemitah years since 1900, here is what he found:1917 - the year US entered into WW1 - austrian, russan and german empires collapsed (a washing away if you will)1931 - another shemitah year - market dropped over 50%1938 - another market crash over 50%, another war started and ended 7 years later on the other shemitah year (a washing away)shemitah in 1973 - bretton woods worldwide monetary system collapsed1980 shemitah - the end of the massive inflationary 1970s (a washing away)1987 shemitah - black monday occured, biggest 1 day percentage drop in the dow.

I hope all continues to go well for you and that you continue to build your empire!

Love the strategy of the live in flip to jump start construction of the empire, if only I could have convinced Mrs.

I'm a member of FIBI Pasadena and Inland Empire Real Estate Investors Club.

Here are some new Member TipsTip # 1: How to Use @Mentions on BiggerPocketsTip # 2: Setting up Keyword AlertsTip # 3: 25 Tips for Real Estate SuccessTip # 4: Check out the Start Here pageTip # 5: Check out BiggerPockets Ultimate Beginner's GuideTip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen to BiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant CardoneTip #7: VotesTip #8: Meet BiggerPockets MembersTip#9: BP WebinarsI schedule bi-monthly meetups here in Atlanta and looking to schedule one next month.

We own two investment properties and are cash flowing $1150/month between the two.This is not spending/Vegas money.I don't need to build an empire, but we would like to have a portfolio of 5-6 doors to pad our retirement.Originally, I planned to use the cash flow to pay down one property at a time, while preparing/saving to purchase another.

Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California.

Agree with @Jason Hern - don't get emotionally involvedHere are some new Member TipsTip # 1: How to Use @Mentions on BiggerPocketsTip # 2: Setting up Keyword AlertsTip # 3: 25 Tips for Real Estate SuccessTip # 4: Check out the Start Here pageTip # 5: Check out BiggerPockets Ultimate Beginner's GuideTip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen to BiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant CardoneTip #7: VotesTip #8: Meet BiggerPockets MembersTip#9: BP WebinarsGood Luck and see you around BP forums. 

Here are some new Member TipsTip # 1: How to Use @Mentions on BiggerPocketsTip # 2: Setting up Keyword AlertsTip # 3: 25 Tips for Real Estate SuccessTip # 4: Check out the Start Here pageTip # 5: Check out BiggerPockets Ultimate Beginner's GuideTip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen to BiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant CardoneTip #7: VotesTip #8: Meet BiggerPockets MembersTip#9: BP WebinarsGood Luck!

No empire is built over night.