At the moments, I'm looking at 2 properties both in California:-  First one is a beautiful, bigger home, completely high-end upgraded, in a higher value area with a good school district, and of course it comes with a higher cost to buy, rent can only cover the monthly expenses (mortgage, insurance, tax, etc), this one is expected to have higher appreciations in the long term.- Second one is a decent remodeled home, smaller, in a lower value area, I can get it without financing (pay cash), so it will cash flow (about $2200/moth after all expenses such as tax and insurance), it also has a potential for an ADU, but future appreciation is not as great as the first property due to location.

I like mobile homes and people seems to like it too, or maybe cause one of my mobile home is by the lake, and the other one is in a Nice neighborhood and a very good school district.                                                          

The school district, and neighborhood are top notch!

For example it is waterfront, is a flat cleared lot next to a tourist attraction with insufficient parking, it is positioned next to a church or other type of building that may need overflow parking, in between to meticulously maintained houses, or in an amazing school district.

Wow I actually played high school football with the guy hosting this. 

Why is there no mention of the good schools in this area?

Then you make your first million and think being frugal with investments you could never work another day in your life.Then the millions tend to turn into tens of millions but you are getting older in age now and see friends with health issues or people from high school that have passed away.

I know of a couple of people in the classes/school/course.

I have inherited a school that is growing quickly. 

Its a case from Montgomery, MN from the late 1960’s and once you read the case, i believe, that like myself you’ll no longer wonder why its not discussed in law school, let alone your local boutique RE schools.