Your comments about global money parking cash there means that middle income residents (without rent controls) are being displaced.  

Although day trading may contribute liquidity to the market, they aren't directly adding to the productivity of this nation.That's not to say people have to work for pittance wages in global corporations.

His global history in construction, business development and communications, makes him a highly sought-after representative for sellers, buyers and investors alike.

My rationale for 3x cash flow or global debt coverage ratio as we like to call it in the banking world is based on not only paying for living expenses but within that 3 times expense model I've also considered the min amount of funds I'll need to have to feel comfortable funding my reserves, cap ex, fund my other ventures, and a cushion as well in order to keep growing a self sustaining machine that can scale purely off the "passive," cashflow in and of itself.So for those who need just 1x or till passive equals 9-5 that might work if you live below your means with your 9-5 but if not you may find yourself overwhelmed when the units need an over haul.

However, the fact that you (are implying) have additional supporting W2 income - likely from your day job - would be a supporting factor in from a global lending perspective.Good question.

Do you really want to track work orders and find someone full time that will fix these with barbed wire and bubble gum?  

Austin isn't immune to national and global economic forces, but it also is a massive generator of good jobs and those seem likely to continue for decades to come.

This means every large university will be welcoming thousands of people from regions that have some of the greatest infection rates globally."

Laughing at your tenant's terrible tale of toe-nail tragedy is nothing less than a humilitating affront to his apparent inability to walk and chew gum simultaneously........

Then you get to keep more of your money.Another option I have invested in recently is a Vanguard Global ETF  the expense ratio is .08% with an average annual return since inception of almost 8%.Please read a bunch of books about the greats including Warren Buffett, Peter Lynch, Joel Greenblatt, Jack Bogle, Bruce Greenwald.