Long term I would love to own large apt. complexes or trailer parks bringing in steady passive income that what day I could pass on to my kids (I want to go BIG).Questions1.

As I write this, things are progressing well on the renovation and we still seem to be on track and on budget.

That's where I went wrong was that I thought I was doing well so I moved to an expensive single family house that was way more than I needed and it really slowed down my progress.

Let me tell you what a “fun” 8 weeks of interest-only mortgage payments and zero progress that was.

Even if you don't implement them, it may usher in new ideas.Good luck, and post back if you make progress!

Real estate is already correcting in some markets and holding steady in others.

The “path of progress” is to infill the Phoenix and Tucson markets to eventually be one.

So at this point, short of referring the matter to our lawyer, we’re not sure how to progress.

The general flow of how to grow into an asset protection plan is outlined in the article 5 Pillars of Asset Protection, so that can give you an idea of how to progress and what is the usual progression of strategy.Good luck moving forward!

As the others have said, F&F’s are for the quicker pay day, whereas B&H is long term — think ‘planting seeds.’With the B&H strategy, once you get it cash flowing, you’ll have a steady stream of income on a hopefully appreciating asset.