When the market crashed our 2 adult daughters and their families decided to relocate to Orange County (our son in law was originally from here).

Funny enough, I used to live on Beacon HIll too as a young adult which has changed tremendously since I was a kid.

If you start thinking what would be important to achieve in 30 years (i.e. for your children adult life) you get to a completely different set of issues, we are not even talking about. 

Also, Scottsdale has a law in place that restricts short-term rentals from allowing more than 6 adults to stay at a time (unlimited dependents of these adults allowed). 

So, If you got a good property (great shape, no major issues) and better than average tenants (mature adults, no kids,pets or addictions and pays on time) you might be able to make it worth.

@Fausto Carosella I always enjoy expensive adult beverages since I like my wine and bubbles but as @Bryce Sawyer mentioned, it does not work for everyone.

Its interesting to think how you and the world will be different 5-10 years down the line.Just driving my Tesla on auto pilot and knowing the software will allow full self driving is amazing.. having been a pilot for most of my adult life I am very familiar with auto pilots in planes .. and how great they work when they are working right.. 

I do not expect property to appreciate as much as it has in the past where I invest because the price of housing has exceeded the affordability level for most families, even with both adults working. 

Most of us (say ~30 and under) have never woken up one day as adults with the market being worse than it was the day before.

I’m an adult and don’t need their approval.