@Bianca Nunes, I also live in NOVA and looked heavily into this option but after a year of due diligence and research ended up coming to the conclusion that multi-family syndications were a much better a return from a cashflow, equity and return on my own time.  

Also, if you are heavily leveraged, 1mil of property value could be 100k of equity --- so what are you protecting? 

It isn't exactly perfect, but it works in most cases out here since tourism is heavily popular. 

So you want to focus pretty heavily on generating investment capital.So I would focus very heavily on what you can do between 16 and 18 to both amass capital for your first purchase, but also focus on what you can do to ramp up your earnings capability fast.For example, a 5 year plan to get a Bachelors/Masters will generate more income, but won't start until year 6 and will probably have a cross-over point in year 8 or 9.

The insurance world is heavily regulated and you might not be able to do what you think you can do.Don't mean to be a wet blanket...

Without getting into too much of the technical details, what this does is allow the insurance agent to design a policy that is heavily funded with premium dollars while simultaneously lowering the annual calculated costs within the policy (which can be verified by reverse-engineering the policy to break out the annual costs, cost per $1,000, etc). 

As an heavily front loaded product, you take a small hit of opportunity cost for the first few years, but after year 5 to 8, you are getting ahead.

They're also not going to turn you into a gajillionaire overnight (as is heavily implied by some of the folks who sell the policies).I also interviewed Richard Wilson of the Family Office Club & Billionaires.com last night and asked him about this exact topic.

As with most heavily touristed locales, it is also an excellent location for real estate investment.

When I purchase a property, I manage the property heavily for the first 3-6 months until i stabilize it and then i hand it over to my property manager, that does all my other rentals.