Note that as you go inland in SD it gets hot quickly! 

Its all about a guy that was in college and and starting his rental empire.

Job is real estate agent (although, in this economy...have a lot more free time :-)Which is fine as my wife and I just had our first, baby girl, a year ago.2) 7+ years3) 2 townhomes, 1 SFH, partial interest in land in New Zealand4) reading (books, articles, sites like this...) wish there was a REI club close by5) Understand more about MFH

Many investors use that strategy because it's successful in landing them deals. 

I may be building what I hope to be an empire, but I am far from a tax expert.

Here are some new Member Tips as well.Tip # 1: How to Use @Mentions on BiggerPocketsTip # 2: Setting up Keyword AlertsTip # 3: 25 Tips for Real Estate SuccessTip # 4: Check out the Start Here pageTip # 5: Check out BiggerPockets Ultimate Beginner's GuideTip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen toBiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant CardoneTip #7: VotesMF Check out my story on BiggerPockets PodCast 175 The Power of Team Building it talks about buying Multi-Family properties here in Atlanta. 

Empirical Analysis of Asset Prices?

In our rapidly diversifying nation, where we are all becoming minorities, the idea that any given group has an inalienable claim on a particular political seat, appointment or office based on demographics has officially outlived its usefulness.Romantic notions of ethnic self-determination and multiculturalism may have once served to dismantle empires and garner attention for forgotten minorities.

What is your opinion about investing in land?

The inland areas of CA (Central Valley, Inland Empire, etc.) are more susceptible to RE meltdown as opposed to the coastal areas.