When looking at that pile of retirement savings that is for many people their single largest chuck of investment capital - comparing investing that in real estate to leaving it in stocks is a very powerful and positive paradigm shift indeed.And yes, you will pay taxes on an IRA when you take distribution, but if you have been able to grow your IRA to a really big fat pile of money thanks to the deferral of taxes and good investing strategy, then paying some taxes at the endgame is OK.

Excel needs things to be aligned just right or it shifts the data to another column.  

Once we purchased our first duplex and she saw the income come in, she understood and shifted to wanting to continue.  

I have a blend of both, but I am working on shifting to all business credit.

Also mass transit has to be with 20% of the travel time for commuters to shift from cars to mass transit.  

So, if you are going to run the numbers for the options, please run ALL the numbers.Having said all that, you can make money on either option ... there are many ways to skin a cat and believe that active investing with home court advantage usually trumps all so advise investors to roll your sleeves up and use your brains, brawn, balls (if applicable), and pocket book to work with whatever your local market gives you ... and if your local market shifts, shift your strategy to match.

I don't think anything is fully recession proof, but I do think notes can be profitable in various market conditions, especially if an investor is willing to shift strategies.

I think millennials will create a shift in the brokerage industry, but I'm not quite sure what it will be.

You are begging for a litigation attorney to come by and pierce the corporate veil with the amount of account shifting that is going on here.

If I had a real estate license I could immediately shift gears into listing mode and get a listing contract and work to find a buyer for their property which I could not do as just an investor.