Also consider the mix of assets in that is one producing good cashflow and another appreciating above average. 

@John MichaelsThese are markets that have higher cap rates, lower pricing, and produce more cash flow.

STR's are the most management intensive way to produce cash flow on a property and Tokyo is 9 hours ahead. 

If by the time of retirement I have 10-15 income producing properties on top of my 401K I would be very happy.

I am looking forward to growing my real estate team and winning together.Outside of real estate, I enjoy nature, traveling, family and friends time. 

I like the warmth of natural wood with interesting grain. 

Let’s also look at income, not just total wealth, since many folks, especially hourly workers, in the bottom 50 unfortunately, really can’t/don’t save much money or own income producing assets.

Especially the next wave, which is physical AI.What makes the timeline unpredictable is the self-accelerating nature of AI.

Both FNMA and FHLMC permit this, under the following circumstances: Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the propertya limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.Citation: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (04/13/2022)Now, you will still have the Note and reporting in your name individually and will still be personally responsible for the mortgage and most likely, the manner of transfer will enable any litigant to pierce the veil of your LLC, but you'll have what you wanted, for whatever reason. 

The soil naturally filters and treats the water.