It will be interesting to see, if and when things go bad for real estate, if regulators start to dig into the owner occupancy issues.I had been thinking this was probably a very wealthy person playing the long appreciation game, parking money to also benefit from depreciation and other losses. 

Our strengths would be managing long distance teams and raising capital as I oversee teams/projects and know wealthy individuals who also don't know where to invest.

The reason why so much wealth is created with real estate is because of leverage (i.e. debt).

This is a different market altogether, or so it seems.I've generally been a buy and hold investor, but no chance that's working in this market, and certainly not on the east or west coasts.I've been dabbling in creative financing lately, things @Eliott Elias suggested above, but am new to it and here to learn.Your question about income vs wealth is a good one too, to find clarity.

I’ll give it to Soda, brilliant young men and women that are making property owners and themselves incredibly wealthy. 

Additionally, you will never get wealthy off cashflow.

I know this is a very small sample size but Bezos just dropped $250M on two homes in LA so clearly not all the wealthy are running away. 

The last time I looked all the wealthy climate change lunatics are buying houses on the coast and places that they say will be underwater soon.

The Hamptons are known for attracting wealthy and high-paying visitors in the summer months.

One has to wonder how much property values in the Hyde park area would sky rocket if the public schools were better.There are nice, wealthy areas in Hyde park, but also 3000 sqft homes with tons of charm for not a lot of money.