I'm now a licensed real estate agent with Exit Realty Metro (MN) and Homestead Realty (WI)) I am by no means rolling in cash (and proudly enjoy Sports Clips haircuts and obsessing about airline miles for my vacations) but real estate has helped me catch up on my retirement savings and provides a nice second source of income, which helps me stress less about taking on as many clients in my day job (or charging those clients a ton of money).My day job: I’m a political consultant that has managed campaigns, led field programs, designed trainings, or consulted on over 50 campaigns in 18 US states and 8 countries.

I completely agree, the distance just makes it more challenging and expensive to manage your manager...i have to pay the cost for airline tickets to inspect their work vs a drive across town...

It will kill the live ones right away, but the larva are still alive so you're supposed to vacuum every few days or so.

Lots of ways to slice this, but things like airline points to pay for scouting trips for your next VR or maybe Amazon to help offset supply costs? 

Vacuum the truck!

The guest on the program has a great analogy breaking it down "first you have to vacuum the truck"...just listen to find out.As they discuss in this podcast a lot of us starting out feel like we need to have everything lined up before we make a move. 

I understand airlines now require a letter from a therapist, proof of some kind of training, and they have to be able to call the therapist office and confirm that the letter is real.

I've heard life hacking, credit card hacking, airline mile hacking, etc.

Those classes are designed to suck you in and then vacuum your wallet. 

@Mike Stadel Cap Rates number in a vacuum .. sometimes don't mean much.