I chose real estate investing as my new venture for several reasons: Sustainability & life style.

in a perfect world I would use it towards other lifestyle expenses, but is there a prudent allocation towards spending it vs. saving an appropriate amount for rainy day issues?

Does anyone have any recommendations on networking events in Houston other than Lifestyles?

Lifestyles Unlimited (LUINC)'s  Wealth and Passive Income Expo in Houston in March.

I will go ahead and assume that as a 24 year old, your lifestyle may support some more "spatial sacrifices" than it would if you were older with a spouse, kids, etc. 

You don't have a hold or sell problem, you have a budget and or income problem.I'd review my budget and prioritize saving the goose over lifestyle comforts. 

My goal is cash flow (my RE pays my salary/lifestyle) and of course long term appreciation and stability. also, as an aside - how do people make money doing BRRRS?

The ideal candidate for this position would have the capability to assist in the transition of current tenants and the acquisition of new ones, as well as overseeing any necessary renovation projects to enhance the interior of the property.If you have any experience working with a property management company that meets these requirements, I would greatly appreciate any recommendations or referrals.Please kindly direct any relevant information to my attention.Best regards,Armando Ferrer

BUT....here's the BUT part.The more people believe we are in recession, the better it would be....... which would make self-created inflation and the economy better as people will spend more carefully and reduce lavish lifestyles. 

When you have enough passive income, you can make decisions that enhance your life, not ones designed to simply avoid running out of cash.