All around San Diego all I see is a lot of working class poor, oh a few wealthy people, a whole ton more working class poor, another wealthy person.

I was trying to scrape together a down payment to have a chance to build some wealth. I

However, wealth is built not flipped.

You don't get rich from cash flow, wealth is built from appreciation and this "expensive market" is what it is for a reason.

This is how you get wealthy.

I tend to get put off by the douchey guys and gals who make sure you know they look and sound the part of how purportedly wealthy they are.  

Same thing can be said about coin laundry facilities.If you're wealthy enough - I suppose anything can be pretty passive.

Buying and hold A - Assets for Appreciation is where real estate wealth is built. 

Such a thing doesn't exist, but the lack of litigation of it doesn't mean it's not risky.Non-refundable deposit is like diet bacon...call it whatever you like, such a thing doesn't exist...by definition.Rather, what you do is charge a Holding FEE. 

Multi-family is the area where most wealth is built in real estate.