I'm sure there are far more people who commute from the suburbs but there are also vibrant downtown neighborhoods... and those two groups rarely cross paths :)

From 3.3 billion global passengers this year to 7.3 billion by 2034.  

schools are too busy handing out condoms, teaching kids why little timmy has two dads and the dangers of global warming to include such non sense as financial education.

@Les Jean-Pierre The news from New York about AirBNB is interesting and likely trend setting.I read last week that Stephen Ross of The Related Group has asked his residential property managers and tenants to keep an eye out for AirBNB use in their properties.As the deep pockets (aka bigger), large owners such as The Related Group likely want to avoid being accused by NYS of supporting a concept that requires regulation.Many cities globally follow New York's lead on policy (e.g., the smoking ban in restaurants). 

Global Financial Crisis?

My friends are talking about investing in Austin as well (we are from CA), they've been there and think it's a nicer place among TX, young and vibrant place with some companies like Apple or Amazon.

I have been following real estate for several years now and actively engage with real estate investors globally, both professional institutions and general portfolio managers.

So if you buy right you add more income to your qualifying scenario, if you buy wrong well then you are digging a deeper and deeper hole or you'll have to just make more money in your day to day job to counter your paper loss on your qualification side of things- With commercial loans they look at "global cash flow," and they generally want all of your cash flow including your job, rentals, businesses, etc to usually cover all your expenses by 1.25X minimum so if you have negative cash flow rentals or are buying wrong theres no guarantee they will lend to you.

@ROB GRIFFINWelcome aboard the vibrant BP community.

@Christopher GeorgeWelcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.Since you mentioned an interest in wholesaling, I added the below guide for your review while waiting to connect with a mentor.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)Your time on this social media site will be well spent.You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.The bottom line is that you must take action to start.