Likewise, F-Ville for military and G-Ville for a student housing (ECU) play. The

For some investors, it wouldn't make sense to hold on to a property for 20 years, they simply like to add as much value as possible and get rid of it, and be in constant acquisition mode.Just like the stock market, you can play the game as a "trader", or as an actual investor, both ways you can make money, but then again, what is your strategy?

Tell him to get a job and cut out "play things".

Then, comes into play the questions about investment properties.

In this case, you need to play the waiting game because at some point, those units will clear, you can rehab the unit to bring up the going rental rate and refill the unit at a rent level potentially many times the current rate (and a corresponding increase in equity).

Trying to play the mental game and convince myself that if I view both properties together as a portfolio, the numbers make a lot of sense even if the SFH doesn't do a lot on its own.

You can take your chances and play the numbers game but why not put other people to work for you and compensate them when they bring you deal?

Hey @John Thaxton I know a lot of investors (myself included) play the spouse game to get around the 4 limit thing.

Sure...the fastest shortcut other than inheritance is to play the Lottery. 

Since it is clear they are going to play the game, I decide to hammer right back with a counter number 5 at only $1k more.