If they are completely undisciplined financially then yes a 401K it helps them save, If they are more sophisticated and understand real estate investing for example and how it grows your wealth then they can reposition themselves into another investment beyond a 401K like rental properties.Here's the formula: knowing thyself X your own financial education X your own financial plan = YOUR WEALTHMy point here is that anyone can do well and be wealthy(working toward and achieving their individual financial goals, not society's) based on their ability to figure out how they can use their natural strengths and mitigate their weaknesses, coupled with the vehicle and plan that suits them best.

  #1 important is the property and its numbers (debt service ratio etc) then it is your strength as a borrower (income etc)..if the property numbers are good and you have professional (quality..not always the same thing) that you will use then you should be able to find lenders. 

@Mark Bascetta you also have to consider strength of market, now and future, tax benefits, landlord/tenant laws, and other factors.

I'm sure you'll do just fine with some niche strengths/passions like those and add some great value to the community!

Let your strengths and strategy dictate how you spend the money. 

If you’re concerned with strength of condo market long turn best to get out regardless.

I made a handful of folks a lot of money, learned the ins and outs of transactions and how to responsibly get creative, and I learned what space I ultimately wanted to be in and where my strengths lie.

Great to hear you're jumping right into this, sounds like you are building from a position of strength with a good eye towards the long-term.Curious how you did the renovations, do you have contacts among contractors that you used or did you just put out a general RFP and pick one that you felt was reputable?

The key to its strength is its long and sturdy root, which extends deep into the earth.

The overall market is strong and seems to be maintaining that strength, so over the long haul it will most likely appreciate.