Tons and tons and tons of luxury rental skyscrapers going up all over Chicago.

On the flip side, you have to ask yourself, why do these large luxury rental buildings offer rent stabilized leases, they rather benefit from the lower carrying costs.

At about year 15 or 20 years experience he became a successful developer in Reno NV, building luxury homes in his own 20-lot subdivision.Personally, I get excited reading about young people who start out small with the BRRRR method, like Austin and William here:@Austin Fruechting @William Collinshttps://www.biggerpockets.com/forums/48/topics/429980-officially-financially-free-at-32----exciting-dayhttps://www.biggerpockets.com/forums/223/topics/445367-full-time-employee-multiple-brrrr-side-hustle-2875-to-goalAt 2.5 years' into investing, couldn't either of them buy a vacant lot and finance construction of a "speculative" home for sale?

Sorry for the long post, lots of newbie questions like I said, but I think I come in with the benefit of paying cash which I'm not sure many new investors have that luxury.

Hoping you will get the tenant out is a luxury that disappeared in March of 2020. 

For instance, my wife and I wish to own property in the mountains, add cabins and A-Frames, add a Lodge, and an event center while we live there.

Try to stay around positive and optimistic people they will tend to look for solutions as some will just bring out and highlight the problems in a market.Houston is experiencing great positive growth in their luxury home market.In Houston you can get a decent read on the Real estate market by what goes on with the oil industry.I pray you have a prosperous career. 

We live in bizarro world where the wealthy drive economy cars and the lower and middle class drive luxury cars.

The idea to build assets and buy luxuries last and cash flow management are good for beginners who are starting to understand personal finance.

One is a 12 story, 42 unit luxury building, and the other is a series of 5 townhouses.