When you retire, you will have money to live off - a nest egg.

I did it, I sent a check to purchase 8 delinquent tax liens in Arizona.Now I wait patiently for the redemption of these.My nest step is researching the TX process any comments or advise would be greatly appreciated.

Number may be closer to %30   not the %34-%39 shown at the bottom6 plex BUILDING PERMITS   (  $97,200.00  single $16,200.00 UTILITIES $0.00 $500.00 EXCAVATION $24,000.00 $4,000.00 GRAVEL $2,500.00 $416.67 CONCRETE PUMP $1,750.00 $250.00 CONCRETE $18,000.00 $3,000.00 FOUNDATION/CONCRETE-LABOR $9,000.00 $1,500.00 CONCRETE CUTTING $750.00 $125.00 SEWER CONCRETE FLAT WORK $12,000.00 $2,000.00 FRAMING LABOR $21,000.00 $4,947.00 ROOF TRUSSES $14,300.00 $1,831.67 BUILDING MATERIALS $70,000.00 $19,128.40 WINDOWS & SKYLIGHTS $8,500.00 $1,419.38 EXTERIOR DOORS $5,400.00 $1,050.00 ROOF COVER $16,800.00 $2,800.00 GAS FIREPLACE $6,000.00 SIDING LABOR $13,115.00 $2,185.00 GARAGE DOOR $4,914.00 $819.00 GUTTERS $2,400.00 $525.00 PLUMBING $30,000.00 $7,000.00 HEATING $30,000.00 $4,800.00 AIR CONDITIONING $0.00 NEST THERMOSTAT $325.00 GAS BBQ GAS DRYER ELECTRICAL $21,000.00 $4,000.00 MASONRY $3,000.00 $500.00 INSULATION $12,000.00 $2,735.00 SHEET ROCK $21,000.00 $7,100.00 SHEET ROCK GYP BOARD $750.00 INTERIOR TRIM $16,500.00 $2,500.00 TRIM LABOR $12,000.00 $2,500.00 SECURITY SYSTEM $900.00 FINISH HARDWARE $2,400.00 $350.00 UNDERLAY LABOR $1,500.00 $250.00 CABINETS $24,000.00 $4,854.40 COUNTERTOPS $11,100.00 $1,850.00 MANTLE $1,200.00 TILE $9,000.00 $1,597.80 VINYL AND FORMICA $3,000.00 $207.43 HARDWOOD FLOORS $6,600.00 $1,138.10 CARPET $13,000.00 $2,110.10 PAINTING $25,200.00 $5,359.25 WATERPROOF DECK $0.00 $0.00 KITCHEN APPLIANCES $8,400.00 $1,400.00 LIGHTS $3,000.00 $500.00 SHOWER DOOR &MIRRORS $3,000.00 $790.00 FINAL CLEANING $2,400.00 $400.00 PICK UP.

Seattle's tech is booming and Louisiana's oil & gas is in a bust, it seems as good a time as any to move some capital around.Data: http://imgur.com/a/5UR86More importantly, my empty-nesting parents are interested in the part-time work and income from managing a property, and I'm interested in trying to start a business just to know the outcome.  

Flipping the houses will stack my nest egg up enough to buy homes and rent them without hurting my pockets.

All the cash I save now is for maintenance, improvements, and just being able to build a nest egg.And the craziest part...

In general I do like the idea someone else gave you of talking to their before-last landlord because that person definitely does not have an incentive to "help-them-out-of-the-nest":)

They've been empty nesting for about 12 years.

They've been empty nesting for about 12 years.

Focusing on diversification and smart investment is something that becomes more important once you've already built up a nest egg and it's less relevant when you're relatively new out of school and still building your wealth.You'll hear a lot of people say stuff like "oh you can invest that money in the market and make more than 6% and you can pay the student loans with the difference."