Just more fish in that pond is all so it'll take more time if you're okay with that.

It depends:On propertyon locationon amenities on viewon management type on local regulations on purchase priceon interest rateon downpayment probably some other stuff too.You can still make money if you make smart decisions.It's not like shooting fish in a barrel anymore.

Fruit and Nut Tree and Grapevine Exemption.

My fish keep piling up, and I don’t even need my fishing pole anymore.Each piece of real estate I’ve invested in generates income on my behalf and contributes to my freedom number.As long as I hold the real estate, it continues to generate income each month.

If Im spending 1.2M on a house my nut will be right around 84k per year.

I don't want to drive myself nuts on this (I think I already have, lol) but I do want to be fair to my tenants and charge them their appropriate amounts.

What everyone fails to realize is that a list being of "less competition" is completely irrelevant when the strategy doesn't work.Let me give you an exaggerated example.A fish only eating shrimp in a pond that is oversaturated with fishermen, sure if you use shrimp on your hook you have a TON of competition.So the advice given is, " put a rock on your hook.

Plenty more fish in the sea.

Lakefront housing and second homes are also very popular as buyers seek unique recreational activities including... bass fishing! 

As I have stated in the past, investing in real estate the past five years is like shooting fish in a barrel, now we are heading back to fishing in the ocean with a storm brewing.