I have narrowed down my voyage down to a ~5 month backpacking trip through Southeast Asia and I have funds to cover my pilgrimage and transition back into the "real-world" with a decent cushion, but not enough to immediately purchase a home.The question I'm asking here is, if you were in my situation, would you purchase an investment property and get everything situated (finances, tenants, etc) BEFORE you travel, or travel first with the ultimate freedom (time), and focus on investing after the journey?

I have since then spent a lot of time in the forums, as well as listened to most of the amazing podcasts and I've now decided it's time to take the step and become more active since I am convinced this is one of the best networking resources for people interested in real estate.Anyway - a little about myself: I am currently a 2nd officer at a cruise line in Asia, which means I do 8 weeks of work followed by 8 weeks off, thus leaving me with 6 months of vacation a year, meaning I have plenty of time to think about what to do with my money. 

I am an American who has lived and worked in Asia for over a decade, and am now married to a local person here. 

Southeast Asia for example.They may live only off the income, but also has some emergency savings and may work remotely.Anyone done this?

Working abroad has helped me save a significant portion of my income (more than half can go directly into real estate investments).Taxes are much lower in Asia, free accommodations are provided and goods and services are often significantly less expensive compared to the U.S.

I heard that tenant in common is the best way to go but is there any other options.2) My mother-in-law, who lived in Asia, is also interested in putting in some of her money in to the deal.

Very similar environment to Asia where you have low yield on the cashflow but property value is trading at high multiples.  

Hey'all! I am Daryl from the Philippines. Married and not yet a dad, hoping to be one someday.Anyway, its nice to be a member of this community where everyone actively participates in every discussion. I'd like to tha...

You can get people in Asia for a very nominal rate of $3-$5/hr and only use 4-5 hours a week.

After travelling Asia for 6 months, I am now back home in Wisconsin and looking to get more property.