I know it's going to take me many properties and many years to reach the level of wealth I strive for, so I do not want to give the impression that I think I'm going to be a millionaire with one property.

Instead of worrying about how to get out of a contract, a better question to building real estate wealth is how to MAKE IT WORK!

After reading the book 7 years to 7 figure wealth, I want to try to follow that path.

Since I'm not wealthy yet, it takes a long time to save for each property I buy.

People who say to focus on your business instead of doing the work are either independently wealthy or lazy:)

However, if you are able to use the high cost of living to your advantage, as you can as a RE investor there and other ways as well, you can turn that frown upside down ... on the financial side, the trick for me was to arrange my financial affairs such that the higher the cost of living gets, the wealthier I get, but I will still be ok and wealthy if that doesn't happy ... then my happiness is only limited by the 405 freeway (joke, not really), which I only need to use if I want to leave the 6th happiest city, which would almost always be by choice and not necessity, again by design :) So, I guess my point is that you can engineer your lifestyle for maximum happiness no matter where you live, and that is a worthy metric to optimize around, but some places are definitely easier to do that than others due to the nice things you can't change IMO.How is Alaska treating you?

I think the real thing here is that wealthy people tend to understand value better than the average person. 

Some other good reads are:Performance Anxiety by Gordon MossTurning Distress Into Success by Fuquan BilalInvest in Debt by Jimmy NapierThe Art of Investing in Distressed Mortgages by Sherman Arnowitz The Banker’s Code by George AntoneThe Wealthy Code by George AntoneFour Step Guide to Private Lending Profits by Lee Carney Harder Working Money by Jay Leigeber

The real wealth is made/captured when markets are weak, and other investors confidence is low.

A few weeks ago there was a similar post that involved low carb ketogenic diets and making their own bread.