Short-term vacation rentals are also a lifestyle investment, so if there is somewhere you enjoy visiting, I recommend starting there, it doesn’t have to be completely about the financials.

. ;)   Not raising the rents to market is just subsidizing someone else's lifestyle at the expense of your own household. 

Good job many times equates to a good lifestyle and there is nothing wrong with that.I scraped together (not easily) a few dollars and leveraged RE and held it long-term with little turn-over but hands on from the start.

There were shootings but generally amongst those who led a lifestyle that led them down that path (gangs); not random acts of violence towards landlords etc.

My overall goal with real estate is to have a small portfolio of STRs and LTRs that I'd hold to sustain my lifestyle going forward.

As for the median American in my age group, yes I'm way beyond that and I attribute that success to the following:- Willing to delay gratification on a regular basis- Willing to do jobs no one else wants to do- Willing to work long hours for results (a strong work ethic)- Willing to take calculated but high upside/low downside risks- Willing to allow the "fruits of my labor" to be returned to the business instead of paying for a lavish lifestyle- A strong commitment to these principles by my spouse- A strong run of being healthy enough to work to produce excess profits- The fortuitous grace of being born and growing up in the United States, where opportunities for financial success are everywhere and accessible to anyone- A splash of luck at being in the "right place at the right time"

I am totally fine with decreasing my lifestyle and being heavy liquid.

Hi everyone,I'm looking at joining Lifestyles Unlimited's PIG (multifamily investing) group, strictly as a passive investor.

Whether it's disagreements over shared spaces, noise complaints, or differing lifestyles, the likelihood of conflicts arising increases with the number of occupants.

Over the last couple years I have been transitioning into a healthier lifestyle.