Let's assume they hit the top end of the savings spectrum & that the property rented for $950/mo.Original Investor "Savings" Amount $2,000.3 additional months of lost rent waiting for vacation time -$2,850Round trip flight from California to Cleveland. -$600Additional month of lost rent due to owner doing job slower than contractor -$950Short term rental in Cleveland for 2 months. -$3,000Two months of missed pay at work (Assuming investor makes a modest $250k/yr) -$41,666Additional money paid to original contractor to fix stuff that owner found out wasn't as easy to fix as he thought -$1,500Additional month of missed rent waiting for original contractor to finish the stuff that owner found out wasn't as easy to fix as he thought -$950Actual Investor "Savings" Amount -$49,516.Yup, in an effort to save that $2,000 the investor winds up loosing a total of $49,516.

Glad you were able to fit it in before your flight back home.Have a safe trip and talk with you soon.

I know many millionaires which these days does not take a much.. and while I don't know any that I would call Mr. or Mrs Frugal but not all of them spend like crazy.. one partner of mine had 10 million in personal homes 2  and a Ferrari in each one.. his wife though bought costume jewelry and on short flights never went first class.. but then again she would never get on the company jet.. too small and afraid of flying basically..  

Also, there is an airport here, so that helps if people come in by flight.

Just wait for your flight in Japan and watch YouTube 

@Ivan Barratt  and I had a nice conversation this week.. and we both agreed that to hit those numbers some folks will substitute risk for reward.. and reward is almost always related to risk.. find those top flight sponsors and be realistic in your return goals.. 

However, fear/perceived danger is registered in the brain stem before it gets processed in the frontal lobe of the brain thus activating the flight, fight, or freeze response.

Given the astronomical prices out here, I'm initially thinking of getting started with SFH/smaller MFH in more affordable metro areas within a short flight from San Francisco: Vegas, Boulder, Tempe, Tucson, Salt Lake, etc. 

Not sure if that works in this context.My vote for next Venue would Be Vegas  As you have huge facilities and rooms for everyone's budget and direct flights from many major MSA's  Nashville is hard to get to for most of us West of the Ole Missip.

For instance, it's not uncommon to see $400+ per night rental rates on properties that would otherwise rent for $1800 per month.Belize is governed by British Common Law, which for real estate investors means you can have full property ownership with land title (called Title Free and Clear), just as in the US and Canada (In other beach destinations such as Mexico, foreigners cannot as easily own beachfront property in their own name).2-hour flight from Miami, 2.5 hours from Houston with direct flights available from many US cities.