Tesla has never made a dime, etc,etc,etc,This brave new world is an illusion, no, a mass delusion, built on the unlimited creation of fiat currency.But im sure those fine people at the fed, have it all worked out!

A few items to consider are: i) Understand market fundamentals for the particular city (new employers coming to town, creation of jobs by different industries) ii) Look at unemployment trends iii) single and multi-family permit applications iv) Supply coming to market over the next 12-24 mos v) Home Price appreciation over last year and expected in the near future.As a real estate investor, you do not want to be in a position where a property is operating at negative cashflow but there are certainly items you need to consider before purchasing that particular property in the first place.

Friday’s disappointing jobs report surprised analysts, many of whom had expected job creation to rebound from a slump in May. “Any way you cut this data, it’s lousy,†Diane Swonk, a senior managing director and chief economist for Chicago-based Mesirow Financial, told CNBC Friday.

It has so many avanues that allow wealth creation, all you need to do is focus on one.

(Good idea IMO) No more shady listing agents handling competing offers...Unfortunately you have to register to be a HUD Selling Broker...One would assume that registration would be a simple online process requiring the creation of a login and verification of ones RE license number...

A simple performing first lien will have no extra costs other than Assignment creation and recording.

I do have a principle residence in Calgary, and if I was solely focused on wealth creation I would have sold that too and rented for our own shelter needs.  

The game of wealth creation is to "leverage appreciating assets".

You can also think about the property in terms of the 4 streams of income/wealth creation from real estate: 1.

I have an apartment series on my podcast Pillars of Wealth Creation that may be helpful.