Of course that requires a little more income that's less dependent on location and particular time zones, which hopefully real estate investing can provide for us.Other than learning about real estate investing, I spend my time homeschooling our kids (ages 10 and 8) and running trail races, everything from 50K to 100 miles.

Erik Haugen There is more than one way to turn over the tenants in a building, Slow and steady wins the race in real estate investing.

For the last several years, the Fed has put all the kings horses and all the kings men to the task of putting our humpty dumpty economy back together again ... try as they might, they can't seem to create moderate inflation like they want, and that was in "good" economic times.

My motive is simple enough; my wife and I want to break out of the rat race... not be tenants in an apartment, begin to build wealth beyond our regular job paychecks, have our money working for us, and be able to support a future family.I really believe the house hacking method is the way for us to start that.  

You'll often have to haul garbage out of these properties, but hey, buy real estate at low cost is always your gain and someone else's loss and that almost always means you're dealing in human misery.Starting with a flip and going from there to buying rental properties is often putting the cart before the horse.

Have you bought or sold anything, or are you just assuming because they are loitering and of a certain race they must be selling?

I don't mean to beat a dead horse, but I would rather know from the outset.I have to insure I don't get a 14 thousand dollar bill after my rental is reduced to rubble.Just learning.

Theres a lot of dogma on BP around "quitting the rat race", "passive income" and the fact that college is useless.

I'll beat a dead horse here, but IMO it depends on how much equity you have and your budget.

Similar to what I’ve heard about horse racing.