The 1% and 2% rules should be left where they belong...on milk cartons.

The trick is not to see that $100,000 as being spent, ever, but saved, and recycled.

In my view, any investor who has not successfully made it through at least 1 entire RE cycle is a newbie.

At that point I will likely pay off all the mortgages and go free and clear.All along the way I also adjust my leverage with the RE cycles ... after a crash properties may become over sold and under valued ... when I see this and think there is more upside, I will leverage up to buy more.

I have an unconventional home plan using recycled shipping containers in mind.

There are RE cycles.

Seldom is it ever accurate.SD is just at the top of the typical RE cycle every coastal primary market goes through.SD isn't cheap and for good reason.

Hourly workers can take longer, milk the clock, be in no hurry.

The multi-family investor will tell you that although cap rates are compressing they are making money on disposing of assets and recycling back into value add opportunities.  

A tax that applies to everyone uniformly is no more "regressive" than the gallon of milk you buy at the store.