I don't want to live in a mansion or have sport cars (nothing wrong if that is what you like, but that isn't what would make me happy).I plan on retiring in about 5 years before I am 60. 

Fortunately, he moved to FL after the sale, bought a mansion as his retirement home, and saved by the state's homestead laws.

(Luxury mansion or hosting your home while on a vacation)Have you noticed that your bookings are coming in a chunk?

The Mastros had been living in an apartment in a recently converted 1840 mansion in a hamlet called Marceau in the hills above the town of Doussard, France."

@James Wachob  I was thinking about those nice SFR's you have that are new ... not mansions

A lot of people will pay $1200/nt for 4 crappy budget motel 6 quality rooms at the All-Star resort rather than $175/nt for an 8br themed out mansion with a private pool, theater, and $30,000 arcade room.To answer your original question on investing over a long-term period, that is really this market's main strength. 

Note that at that price point, you can buy mansions in "better" areas nearby (e.g.

I mean Joe Montana is a very successful Developer same with Steve Young.. and Ronnie Lott has done well in RE also.but I bought a big mansion that was 3/4 done from an NBA star and he was not business savvy at all.. and on top of that had about 7 or 8 baby moma's all with child support judgements against him ..

I got started in arbitrage in 2016 with a beach mansion in foreclosure. 

It was also during the deposition that the litigants learned the owner moved to Florida after the sale of the business and bought a mansion.