So I'm on the ground more often than he is, I was already investing there and have the market knowledge and precious connections he doesn't have and I have access to deals he would never get access to.

I know how precious single family houses are now in SF, so I will not go for single family house .

But for me, it boils down to the rationale that when I fall on hard times when the black swan comes around, I will not lose that precious asset, even with the worst of situations hitting me, because only uncle Sam could take it away now, but compared to other bills, taxes are cheap (at least relatively, my property taxes are cheap for now).

If capital is precious right now, you want to make sure you get this first one right.

CO is a desert, and water is precious.

Money isn't the precious part, the deal and the execution are. 

Earned income is highly taxed and requires your most precious resource, time, to earn. ⏰ The average worker trades 40 hours a week, 50 weeks a year, and does that for 30+ years in exchange for heavily taxed dollars 🤯🤯🤯Passive real estate investing allows you to pool your money with other investors in a syndication to buy a property that will provide you all a return.

We're too precious in our thinking about them, so we spend where we should save, give time where we should rush, and generally indulge when restraint is the better course.It sounds as if you're early on in the investing journey.

I have to acknowledge that this was much easier for me to do than it'd be for you because I had the knowledge and, most importantly, some precious connections on the ground that you don't have.Mind you, when I started, I didn't know about BiggerPockets and there was hardly any content on buying a property in Tulum here anyway.

Our time is the most precious resource we all have!