It's more important to own investment income producing property that generates at least 10% annual ROI than it is to own where you live.

But from what I've observed (and I'm sure you've seen too), only a few new investors, who are more analytical in nature, do this.One of the issues that I've seen again and again is new investors putting together a "spreadsheet" based on their limited understanding, that produces inaccurate or misleading numbers.

Then when it aligns, start doing it.Books and videos are as good as the time they were produced, you're going to want to get a pulse on the actual beat of the floor. 

Like others have mentioned, there’s appreciation, depreciation, leverage, and tax benefits that produce a compelling risk adjusted return. 

The property had a first mortgage, as well as a second mortgage, both from the same purchase money lender.After receiving the trustee’s deed and recording it, I discovered two “Independent Solar Energy Producer Contracts” recorded against the home.

Rent ready in leveraged RE in this market does not produce returns that meet my expectations of return for my effort. 

Just because we did it so quick shouldn't diminish the value, hard work and systems required to produce the result for you.  

It's mostly about making $ out of the world economy WITHOUT actually producing anything of value. 

Thinking about 1031 option and buying more income producing properties possibly in other parts of the country.   

There is a case for buying well-located solid assets that produce immediate current cash flow at reasonable leverage.