Do your homework BEFORE you lose money.I almost did, when we explored purchasing a condo in a very well visited European summer vacation destination in the Mediterranean Sea, Mallorca Island (completely a dream by the way).

I have a dog and 2 cats and pretty much have always had dogs and cats so I like animals (we also have a plethora of additional animals: snakes, lizards, fish, frog, tortoise, millipedes, etc. : we are almost a zoo).The tenant that I made give up their "Emotional Support Animal" violated the lease as soon as they had a dog stay at the unit without notifying us. 

I look at it like the tortoise and the hare.

Devote your 20s to becoming the Tortoise, not the Haire.

We are holding them for at least our lifetimes and will still accumulate plenty of wealth with the tortoise approach. 

And no green house gas.now granted you have to make the power but we get a lot of ours from Hydro.What I have seen in the Mediterranean is every home has a BLACK hot water heater on the roof.. no need to power it for hot water.. we should do that in our desert areas.. of course in cheaper areas they may get stolen like condenser units do.

They are composition – I don’t understand why they don’t use concrete tile roofs, well, yes, I do, it’s b/c they aren’t Mediterranean style construction.

Note if I was in a market without the historical appreciation of our market then I would be more in favor of paying off properties as the leverage benefits from the appreciation (property and rent appreciation)However, I realize 1) sometimes the tortoise beats the hare 2) that there may be more risk involved with high leverage and that some people do not function well with risk. 

Its like the tortoise and hare story!

I am back and forth between Nevada and Malta (Sunny island in the Mediterranean Sea).