It’s about diversity of income streams throughout life and different stages of life. 401k will never get the returns of leveraged real estate.

None of these quiet safe suburbs are in walking distance to grocery stores and shopping centers.

I don't know what stage or when it might settle. 

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Investment Info:

Retail commercial investment investment.

Purchase price: $800,000

Cash invested: $200,000

Sale price: $4,875,000

Bought from FDIC, did many improvements, increased rent refied 2...

Here's the letter I sent out the last time I had inherited tenants:Dear (tenant name):We are excited to announce that our company is in the final stages of purchasing the building within which you reside, and I’ll begin managing the property on August 12, 2015.

When I went to the customer center, nothing shows up under a bill they owe or an invoice for the amount.

In this scenario, we had to manage the float pretty tightly, as the bank would not release funds until stages were complete, thus no money upfront, however, in most cases we were able to use invoices for materials, etc that were on a short credit window to make it happen.   

I am in the early stages of finding a condo near Kihei and after reading (new/old) posts it sounds like your cleaning service is important - Just not sure on how much I should expect to pay.

@James Wise This is a great post and appreciate the time and data you used putting it together.I am an Investor-Agent in the Houston, Texas market and 90% of my clients are investors of all stages like House Hackers, First, Second to 5th Properties, Flippers and Buy & Hold Investors. 70% of those 90% are Out of State Investors (OOS).