But he was always wheeling and dealing on something.We just knew that wealthy people always had real estate and it made sense for someone to pay for something for me, instead of me paying for it.The last properties I bought were at the end of 2006 in North Carolina.We were "one of the smart ones" (they say) and sold alot of what we had in Arizona in 2006.What about you?

I am not looking to get rich quick so I do not mind building long term wealth. I

Killeen is not a good place for building long-term wealth?  I

Another thing you should do, depending on your wealth, is to form some type of corporation or a LLC.  

I have been in business for 5 years and have strong relationships with local banks in Frederick but Im looking to find a bank or private lender (maybe wealthy person) who doesn't require 20 to 25 percent down.

For the most part the north and northern suburbs are for the wealthy.

I agree that I am trying hard to justify this deal simply because of the massive convenience of it, and the long term wealth I think it will build. 

Should I Be Working Towards Landlording or Build My Wholesale BusinessOne of the "gurus" I follow, flat out said, "wealth is only built by buying and holding."

This property would rent out for $1,600-$1,700 a month no problem, which was my initial plan;  do some quick repairs and rent/build wealth.  I

As lower income folks leave, due to housing costs, higher income folks enter the state (retirement folks, CEOs, wealthy foreigners etc.) hence the cost of housing is increasing.