Once you realise how cash can be used to generate profit and long term growth in rentals, it is hard to justify splurging on assets that do nothing for you.

I have found it quite useful for offsetting my HECS debt which I acquired before I realised that paying up front was much more effective. 

The smart ones, realise it, tap into that waste,  and make saving their only priority. 

You will not likely achieve much cash flow to contribute to retirement.As for investing for your kids and grand children all you will be leaving them is a huge mortgage debt and they will likely liquidate to realise what they really want....cash.I would sell the house, invest all your money is income funds to generate descent returns and move east.  

On paper, it is not real until you realise it in cash.

At the end of the day get your hustle on in one way or another and realise there is an abundance of opportunity out there... too many kids under 20 making BANK haha.Also keep learning and partner up with people who are like minded and you may see you reach your goals faster. 

I picked up the book "Set For Life" the other day to read about house hacking and reading it, I realise that I have made a mistake in buying my first home out here. 🤦♂️ I bought a "reasonable" family home, that is, I live in this home and pay a mortgage on it, but clearly, this place is not generating income.

I realise this request for a $500k, 1% property seems a bit annoying to some reading the thread and there are obviously easier deals to find at lower prices but I really am interested to find out if a $500k 1% property exists, that also fits the criteria of a conforming loan.I will try and actually do some searching and link a few properties that might be close and see what you all think.

"Success is a progressive realisation of a worty goal"-Unknown.In REI, the number of units or cashflow show to what extent one has assisted others get housing etc

I believe the majority expect to realise the American Dream when they get their hands on their inheritance and in the interim just enjoy life.. and complain about how hard done by they are.