That $500K could easily kick out another $5K in tax-free income per month.Combing the above two paragraphs $10K per month in tax-free income is the equivalent of $200K in W2 (highly-taxed) income.Mixing vacation dreams and investing usually sub-optimizes both.

It has been a dream of mine since I got into this industry to own my own healthcare facility. 

However, I am trying to accomplish this task by purchasing under market value (every investor dream).

Also looking to hear from anybody who has thoughts on the rental market in close proximity to major universities - I recognize the challenge of college students and the sometimes problematic care and need for repairs (that is why I am hoping to target the graduate/PhD/Med student population who might be less-centered on partying and more centered on academics and being responsible...pipe dream?

I concluded this by noticing everything in China is cheaper than the U.S. if a investor who is interested in helping me turn my dream into reality and millions let me know. 

They are licensed professionals who specialize in assisting individuals and families in finding their dream homes or selling their current properties.

I'm currently looking at 2 hilltop lots in phoenix to build a dream home. 1 is located at Lookout Mountain and the other on Central & Jomax.

Not complaining, just dreaming.

Unless this is your dream house and that's what's necessitating the build, not the economics, you should really think twice before executing on this subdivision/new build.

I'm Steve from Cleveland, and I've been following BP and dreaming of owning real estate for 15 years.