At the numbers you are talking about and where the market is heading you could pick up some very high quality NNN national credit tenant properties as commercial continues to recover. 

However, by placing money in a property that I would like to have in order to increase my quality of life, that can also produce some cash flow instead of being a liability that requires money every month, I can increase my quality of life without increasing my monthly liabilities.  

As you read these books, watch the BiggerPockets podcasts.

Two of us sat on the couch and watched the cartoons. 

I'm curious about the size and quality of a house you could build for $375k. 

The loss of priceless art, jewelry, autos, memorabilia and watches could often match or exceed the property values.

You still need to be involved and watch your property manager to ensure things are running well, but that takes less time than self-managing.

He will live there and watch over the three teak locations and animals.Got the site and pad ready. 

Buy a quality property, stay away from the hood, rehab it as if you would move in, take your time picking a tenant, you'll be find.

I recently watched an episode of BiggerPockets where the guest discussed how he started a real estate investment company and buys commercial properties with 0% down.