My question today is surrounding the accumulation phase of the FIRE journey.

Given that it’s the Catskills, snow accumulates on top of the roof for almost the entire winter season.I asked my RE broker to have a roofer come out and give an estimate for the 2 office buildings.

We all seek wealth for different reasons and no one on this post grew up in the middle of the Great Depression, so passing finding flaws in someone who accumulated a net worth an order of magnitude above their peers may not prove too fruitful.

Having $50k now taxed aggressively may very well be better than having $50k accumulated over 15 years from owning rentals. 

We are holding them for at least our lifetimes and will still accumulate plenty of wealth with the tortoise approach. 

@James Wise I would like to be a landlord, part of our investing plan is to accumulate some rental properties. 

I am a SFR investor and have been able to accumulate 5 houses in the valley.

We know our own area well, and can almost always find deals that we'd like to pull the trigger on, but until we accumulate more cash, we can probably only purchase another $100-120k in property before we slow down and wait for our debt snowball to catch up (pay down the HELOC and eliminate the cheapest mortgage to open up standard financing options again).Here is the conundrum: Another local long term rental (or two) would be a great decision, BUT a beach house sounds like a lot more fun.Specifically, we are 2 hours away from Panama City Beach, and we are curious to get into a new type of real estate.

While yeah, each day on market, interest continues to accumulate (assuming there is still a loan) and/or maintenance costs accrue, taxes become due, HOA's may become due, etc. but, at least in this market, it also appreciates daily by some amount.

Looking to accumulate cash flowing units (8%+ cap rate) and keep repeating the process.