Not many people can afford to live in Manhattan, yet the place is the hub of employment (and I wouldn't mind owning an apartment building there).Might be good news for the car industry and the public transportation authorities.Bob

To your point where is the real estate slice of the pie (or art, or gold and silver, or classic cars - trying to talk my wife into that one).  

If you buy that $200/month cash-flow rental in Oklahoma City and you want to visit it twice a year you stand a good chance of blowing that $2400 annual cash-flow on plane tickets, car rentals, hotels, food, etc.  

You also have a risk that you could be responsible for a death in a car accident or in ANY NUMBER of situations.

At least he was truthful.Prior to the internet age, an Oregon television station did a story on how much information could be found on a person by taking a photograph of a car on the freeway as it passed under an overpass. 

@Will Barnard  @Karen Margrave I just sent over the listing of the bid dog I owned and sold for 5 mil in 04.. no pics but it was a cool home it was river frontage on two sides  3 acre vineyard.. 8600 sq ft.. 5 bd 9 bath 6 car garage big boat launch.. and what was unique about it  it was the only property in all of Oregon that has frontage on two navigable rivers. you land a float plane in front ski fish for salmon and steelhead etc etc. 

The servicing is usually a cross between a train wreck and car crash.

I have my kids do it from the car when we pass a sign, with our "my grandmother needs to sell her house" routine.  

I'll have about 7K in my savings account when I do get back to the states (after buying a car), and will probably get started right away at a job to try to start saving a bit, but I definitely would not have the money to put a 20% DP on a nice 100-200K 4plex plus repair costs.

There's a car on one of the lots that I acquired from a tax sale.