Buy quality, but not luxury. 

They have a nice luxury "mobile home hotel" out there :)

I'm working with a very motivated seller who got embezzled and now has gotten behind on his luxury home payment so now he is in a state of preforeclosure to the point where he has no choice but to sell.This home has a lot of equity about $280,000 so I'm about to put it under contact and wholesale it out to a buyer I have lined up.The question should I put this under a flex option or use a standard PSA agreement with some escape clauses?

One of my investing agents sent me over a possible development deal in Salem that has a few lodges already built, on a large plot of land, and cable of building 29 additional units.

From single properties out of state can often be a false economy unless you are partnering with someone or you have an excellent manager who is on top of your site.Historically then the last property crash came the one buoyant area in the market was with the multi family and premium / luxury market.

Also if you want to invest rent something less expensive than the upper limit of your comfort zone, live frugally, get rid of unnecessary luxury toys and save every penny you can.

Couples therapy is  a great luxury for couples that need help developing communication skills. 

Additionally, there is not enough lodging in our tourist town for all the tourists who come and spend a LOT of money, which feeds the economy.

How about luxury condos in downtown?

Last night I ordered my appliances for my triplex which is positioned to compete with luxury apartments nearby.