In many instances like this one - by the time it gets investigated damage is already done I love these articles not for the fact investors are getting abused.. but the statements about lavish lifestyle  fancy dinners etc etc.. every single white collar litigation or criminal complaint has that exact same language.. and now you know why the Mafia guys just lived in some plain Jane home and maybe drove a caddy and ate at a low end restaurant LOL.  

In terms of business , I love my beach home but people do not book a beach home on a dreary January day, but this place is fully booked in Janaury because couple love to walk the downtown, take in an opera and live the Manhattan  lifestyle right on the island and you dont have to get in your car .

hehe real estate you never retire its a lifestyle you know that !!

If you don't need that income in the future and have identified another investment vehicle that gets you closer to that passive lifestyle, perhaps in a different state...by all means go for it! 

I use that number because that would seem to be the bench mark for FI from W2 for many people, with basic life styles.

Whether it's worth it if you're still having to pay $1500/mo to live there after renting out the other bedroom is entirely up to you & depends on your finances and lifestyle expectations. 

Hi, I would like some zoning and investment deal advice.I am considering a property in a small town with decent historical appreciation, because I see the possibility of living there with an improved lifestyle as well as cash flowing rentals already on the property.

Recognize her viewpoint on homeownership and investigate possible accommodations or different approaches that satisfy her need for a family home as well as your goals of financial freedom.Examine if investing in rental properties while temporarily renting your primary property is in line with your financial and lifestyle goals.Education and Preparation: Invest some time in learning about property management, tenant relations, and real estate investing.

The question of whether owning a primary home is a sound investment, if you ignore lifestyle issues, can be true.

All of our properties cash flow well and it doesn't make financial sense to sell them but we want a lifestyle change.