If you do not over leverage yourself on an individual project, you should be able to manage an escape on the drop.

I think if you do this solely to escape having a job you'll find out you still have a job.

My parents came to America as refugees escaping with Vietnam War with nothing but the cloth on their backs.

But hey, at least you escaped the rat race!

I guess my passion for Real Estate has never had anything to do with escaping the “Rat Race.”

Know many people that have escaped or wish too.

You need a countract with an escape clause that you should NEVER useYou need backend buyersNow from there take each point and work backwards. 

My advice would be to hold no more than 5 years and assuming markets are not down sell and reinvest in multi units if you hope to escape a job and live off of cash flow.

You live there, so its harder for you to escape CA's ridiculousness, but there are investors who absolutely keep the laws in mind when deciding to invest.

We left Los Angeles to hike, boat, fish and escape the madness and have not looked back..)Speak with anyone that has lived on the Oregon Coast for a few decades, and they will tell you the harsh winters, used to be a lot harsher.