The good news is that real estate can provide you with the lifestyle that you are describing: No 9-5, cars, travel, financial freedom, etc. 

The problem is I want to have a comfortable lifestyle and to travel.

Ask yourself if spending several hours each week on your rental properties fits in your current lifestyle or future desired lifestyle. 

I had heard as you described about if in same vicinity, if the homes were significantly different life styles that you could get 2nd home loan.I live in inland north county San Diego (Poway) and wanted a 2nd home loan for a San Diego beach property (mission Beach).

If you are new at new construction and have some ideas on what you want to do, like your plans/designs and what type of lifestyle you are willing to navigate.

It's not for everyone, depending on family and lifestyle, but it is hands down the best way to get started.also, i strongly recommend you read these two threads. 

Looking to make another move and not sure what the best investment option is from here, as well as the best lifestyle choice.

I know that can sound a little silly but it works for my lifestyle. 

Furnishings and UtensilsHowever, you should absolutely be prepared for higher turnover (students don't stay for years) and their lifestyle (being young and dumb as we all were) leads to more wear and tear. 

Emerging neighborhoods just outside of prime areas can offer more affordable purchase prices while still benefiting from the demand of nearby hotspots.Remember, the best plan is one that aligns with your financial goals, risk tolerance, and lifestyle preferences.