Use it to infinity, but never spend it. 

Her numbers are far more encouraging.So, I was wondering if anyone here has used mashvisor before and what their thoughts are in using that tool in optimal way.Second, I'm almost in final stages of taking a decision to buy either a 2-3 bedroom beachfront condo or affordable SFH or townhouse few blocks away from a beach in either of Destin, 30A or PCB.

Just moved here from New York City, works in finance and easily makes a few hundred thousand a year.

Even though I am almost 50 and work in finance in NY, I have zero practical experience with the real estate investment.

But also don't forget that vacant lots are typically valued at $-0- so you could add infinity vacant lots to that number.

We are both in finance/accounting so we are diligent enough to sort the activity and retain receipts. 

I knew I had found my mentor when I met him on his rooftop deck on a high-rise in downtown LA, he was wearing flip flops, shorts, didn't have a briefcase, worked whatever hours he wanted, and traveled anytime he wanted.

Rooftop patio, gym and activity centers are main amenities.

That said, real estate has additional characteristics (cash flow income / value-add on the renovation), it is not mere numerical leverage such as employed in finance.

Secondly, I was overlooking the contract which is a 20 year lease and in fine print most of them say they can raise the rates 4% annually for the 20 year lease which absolutely scared me since in some cases, you could end up owing them money.