Most people focus on cash flow, and while that's nice, it doesn't build wealth.

when you get to the rust belt and mid west no real need for it in a big way when you can still buy nice SFRs for 150 to 300k all day long.

Nice thread! 

Given the size of portfolio needed that presses a need for it to be mostly A class assets to mitigate operational weight, so it could push closer to $80m in acquisitions. 

Then buy out my partners on my Costa Rica properties, and just host retreats in Costa Rica, visit my cabins, collect cash flow, and enjoy my wife and kids and travel around visiting friends in my awesome motorhome which I have not purchased yet. great goals.. mine is to buy a nice drift boat and flyfish all over the west and up into BC. trying to figure out do I buy a summer cabin say in Western Montana or Eastern Idado as a home base..

There are pros and cons but i believe for most properties the cons out weight the pros.  

Not so much ;)So now investors are feeling the weight of dog properties…be it higher interest rates, non paying tenants, property values falling, government intervention (especially in CA), etc.

You have a nice start. 

Purchase price: $545,000 Cash invested: $545,000 New Construction Duplex - Beautiful Design and very nice curb appeal. 3 bedrooms 4 bathroom - All bedrooms have private bathrooms.

So I was hoping someone else could benefit from having the big pieces like couches and beds, nice TVs, etc.