Never really made any wealthy contacts though, or at least no one that I would consider more than an acquaintance. 

Those pieces of real estate are simply low risk parking spaces for the wealthy, not an opportunity to build passive income or work your way up the real estate ladder.Go single family - I've bought 8+ bedrooms on the MLS that cashflow really well after a medium-heavy cosmetic renovation.

Everything is being "Amazoned" to the lowest common denominator.Just like foreclosures the only ones that can get a deal are the wealthy, the average guy who wants to buy a house and not be saddled with extreme overvaluation on a home has no options.

I would also argue that at some wealthy level it is better to self-insure and drop the term entirely.  

Don't think about equity, the true wealth is the current value of future cash flows that you can generate!

I'm not wealthy enough to do it alone and I was wondering if BP has designated a charity to support.

Alaska isn’t short of wealthy individuals, but this post was essentially a broad net.

Wealth is incredibly hard to obtain and 10x harder to keep.

(Hint: You can list 6 to 8 out of those 19...)I've said this before and I will emphasize it here:"WHOLESALING" (ALONE) IS NOT A VIABLE BUSINESS, much less a way to get wealthy and retire to the Cayman Islands.

They are very wealthy right now.