By 65, he managed to have a portfolio that put him in the ultra-high net worth category (~$20-30 million).

We started in real estate a couple of years ago and due to our inexperience we decided on an ultra conservative strategy in the form of all cash purchases.

Will your spouse be willing to participate in your ultra-frugal lifestyle? 

Avoiding ultra-liberal markets.

Reunion has condos, townhomes, single family and ultra-luxury up to $14-15 MM.

Seattle is an ultra liberal city.

Be ultra-transparent on your finances and liabilities and plan you have and see what they can do for you.

We've built out our construction arm to a point where we will be able to save a ton of money (and ultimately control a lot of construction related variables) by doing it with our own company.Are you using the ultra efficient, everything included in the rent model as way to offer "Affordable housing", or will you be targeting market rents?

However, it doesn't quite stack up against the private housing prices where values would have increased 4 folds since.Our market is primarily a capital gain one (Ultra low 2-3% Cap rates here, not too far off Vancouver or Toronto I say but still lower) and a few years back before the restrictions came out, it was increasing very quickly at rates of 8-10% a year.

No, and I would venture to say they kind of know what they are doing.Nobody made it big in real estate playing it ultra-safe.