Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.

You lose control of the property.

You may not occupy your apartment without electric service except during brief interruptions beyond your control.

No, you'll just avoid some areas, like you would in Mexico.Clearly, if the violence would get out of control and too many accidents with tourists happen, the growth in tourism could in theory slow down but it is nobody's interest that happens, including the drug cartels.

This method gives you more control and is often a faster way to build wealth.Forcing appreciation allows you to create value rather than waiting and hoping for the market to rise.

Bobhttps://www.biggerpockets.com/forums/70/topics/371926-notes-funds-for-individual-investors-what-are-the-best-players

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

Understand Proposition 13 for property tax benefits, local transfer taxes, and strict tenant and rent control laws.

Networking through local meetups or REIAs can connect you with experienced investors and potential mentors.With your REITs as a passive foundation, physical properties could give you more leverage and control.

I know there is all this talk about the Olympics coming but on a practical basis that has no effect on you unless you do STR, which you typically can't in a rent controlled property.3.