I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that you are able to take a loan out for 90% of your premiums.

For the average investor, if you want to become wealthy you can do so in cheaper out of state markets, if you want to become stupid wealthy invest in San Diego.

Taxes for wealthy people are going up.

Wealth is the control of systems and assets and is built a brick at a time unless you're one of the ones fortunate enough to inherit enough to start out sliding into home.  

If there is a decrease in population I imagine its more because smaller wealthier households have replaced larger less wealthy households.

Majority of real estate wealth is built by increasing value, thus best to buy "below value" to have a better chance at increasing the property's worth-- 1.

Right now the wealthy are going to Europe and the Caribbean for vacation. 

It's a shame it's not an amazing spot for building wealth. I

I wonder if 2% is possible in Cincinnati area.Also I am debating on the type of rental properties I should acquire to begin with, single family or multi family.To achieve my goal I am not sure if I should go for the pricier properties in wealthy neighborhoods or the cheaper ones in the less wealthy areas.BTW, I have some cash and my current salary should allow me to get a traditional loan of at least 300k.Thank you!

These are the areas where wealthy investors are parking excess cash and/or speculating on appreciation.