It might be easier to talk about living in a car somewhere and collecting food stamps, or driving into town with seven bucks in my pocket and building a massive empire, but this is my reality.I was 2 years old and my brother was 4.

As you will find out, the further you move inland from the beach, the cheaper the rent typically gets.

That's a lot of units to manage in residential and probably better to move into commercial real estate.You ask what's the difference between mogul style investing and us style of investing. 1) Drive2) LifestyleWhile those two go hand in hand, they are driven to build an empire.

If there are major changes talk to a Civil Engineer in the area that works in Land Development for a second opinion.Cut and fill (soil) can change the surface runoff but usually does not have an effect on the water table or aquifer.

Head out to the Inland Empire and see what deals are like there.

Home turf for me is the Inland Empire, Orange County and San Diego County.

(Hypothesis = $150K-$200K in land acq + $400-$450K in build costs for a 1500-2000 sq ft that can retail for $700K or more). 

@Angel RosadoI'd check out the podcast with @jered @Jered Sturm and how he and his brother @andy  built their real estate portfolio at a young age: http://www.biggerpockets.com/renewsblog/2015/05/28/bp-podcast-124-building-real-estate-empire-at-young-age-with-jered-sturm/@Andy Sturm

Even though I completely disagree with the entire disparate impact theory I think landlords should look at and base decisions on empirical evidence not arbitrary numbers that make them feel better. 

I think that number will continue to grow as we see more and more millennial migration heading inland away from the coast.