We know the target age, lifestyle, income and hobby of interests. 

It’s not just a statistic; it’s a testament to the enduring magnetism of Palm Beach living—a lifestyle synonymous with opulence, refinement, and boundless horizons.With 45.5% of purchases made in cash, confidence in Palm Beach’s real estate market illuminates paths to prosperity for both buyers and sellers.

For example, if you are currently in the Bay Area and want to keep up that lifestyle, then you need to be even more aggressive.

Financial freedom requires maintaining your lifestyle for life.

I view it as more of a lifestyle decision and generational hold.

If you do a  search of this forum you will find that financing properties in CR is an issue, though the nature there and lifestyle is very attractive

   $2k/mo would be fine for our frugal lifestyle.  

I know enough to know that there are so many unknown variables out there when it comes to investing in stocks that I've decided to just side with the very convincing and the strongly defended academic theories of guys like John Bogle, founder of Vanguard.Real estate is still an area I'm trying to learn as much about as possible before making any long term commitments that impact my finances and lifestyle.  

Don, to me I always like to say if your getting into the business as a business owner not an investor per se.. its a lifestyle and unless you and your family can embrace this lifestyle most folks don't get very far..

Homes like you are describing are a bit of a lifestyle for awhile (not a bad thing as long as you know that is what you are doing for the weekends and with your free money).