It is hard for me to take extended time off, but I can generally take a day to go fishing when I want, volunteer at school, make it to all the kid's sporting events, etc.3) Another strong point.

Who know maybe even do a deal together.Remember, wealth is a team sport, it would be very challenging trying to make it all happen just within your own efforts.

My view is the real issue, as highlighted in the posts, are the mixed use issues which can get tricky, both practically on the compliance time required and philosophically when our rental and personal lives mix (I have a rental by a place the kids do sports and I may stop by to inspect or shovel, (and so on...etc..etc..).. so just disentangling the purpose is tricky sometimes.. much less taking off the gloves to record the miles..

Broad based strong economyWorld class education and healthcareManufacturing, high tech, you name it, the biggest names are hereAmusements, professional sports, recreation and cultural venuesThe beachPerfect year round weatherTourists and business people visit from around the worldEvery mid to major airline flies in to both Orange County and LAXBEST OF ALL - Qualified tenants and buyers. 

Two tips:  Plan for Property management when you buy the property (because you will move), and don't bet on appreciation and selling in 3 years (that's gambling).Good luck!

Alex, you are correct, they are not notable at this time, hey, we cannot have it all, however we do have (3) major sports teams.

Branch of a Foreign Bank or Insurance CompanyInterestDividendsCapital Gains (Income Code 9)RoyaltiesReal Property Income and Natural Resources Royalties (Income Code 13)Pensions, Annuities, Insurance Premiums, and/or Alimony (Income Code 14)Scholarships and Fellowship Grants (Income Code 15)Pay for Personal Services PerformedPay for Independent Personal Services (Income Code 16)Pay for Dependent Personal Services (Income Code 17)Pay for Teaching (Income Code 18)Pay During Studying and Training (Income Code 19)Artists and Athletes (Income Code 20)Real Estate Investment Trust (REIT) and Other Trusts Distributions Subject to IRC section 1445 (Income Codes 24 and 25)Unsevered Growing Crops and Timber Distributions by a Trust Subject to IRC section 1445 (Income Code 26)Publicly Traded Partnership Distributions Subject to IRC section 1446 (Income Code 27)Gambling Winnings (Income Code 28)Notional Principal Contract Income (Income Code 32)Substitute Payment - OtherCapital Gains DistributionsOther Income (Income Code 50)

The sports team is not promised in Inglewood but I'm less than a mile from the development and the construction for the stadium development project has been going on since early this year.  

After leaving the service he was employed with Proctor and Gamble in sales.

The gamble will be: how long will the Tenant last, and/or how much will the land appreciate?