Real estate is one of the most powerful wealth-building vehicles—but only if you know how to play the game. 

I use my house hacks in Los Angeles as a vehicle to expand the portfolio.

They are a great vehicle in so many ways.

.), and you’ll have to do some continuing education for licensing compliance, then you might have some technology costs and some other costs I’m forgetting, of course vehicle maintenance and insurance and those types of things.

My current asset allocation based on age and risk tolerance not counting my primary residence is 70% stocks, 20% RE, 10% cash/bond type vehicles. 

To your point around T-bills, I'm not close to an expert around any of this, but that vehicle ties up the investment until maturity correct?

I would not envy investors who participate in this vehicle when the team has not track record of success with it. 

Not every/any property works as an investment vehicle.

Once again, not trying to put down RE as an investment vehicle, but with the inflated housing prices and higher interest rates the math just doesn't work. 

But I agree totally that it is an incredibly powerful vehicle to build wealth without having to put very much money down.