I bought a duplex FHA three years ago and have about 60k equity built into it (bought in Grand Rapids MI at a great time).

Once you are in that position, AND have a bunch of liquid capital, you are in a strong position from which to handle life expenses as they come up, and can begin rapidly accumulating investments with far lower risk than the guy with no liquidity.Personally, I keep a few thousand in the bank account, and put every after-tax dollar I accumulate beyond that into stock index funds.

Many big-tech companies are either moving into the market or expanding their business here, which is contributing to rapid economic development.

https://www.zillow.com/homedetails/0-E-Pierce-Rd-Hesperia-MI...Looking to get a loan on this rather then sell it. I have invested over 300k on the land buying it (135k) , fence (100k) , water well (30k) , landscaping ...

Longer term, the shortage of homes and increasing population will drive up prices and rents at a rapid rate.It's 2023.

That’s atop the already complicit role Airbnb continues to play in protecting illegal subletting.There’s a place for STR in any area, but the overcrowding of O’ahu atop the high kind of concentration of STRs in small areas can rapidly turn tourist cities into a dark, transient, ghost town if left entirely unchecked.

How did you end up investing in Rapid City, SD?

These positions require different and important skills (as you are learning rapidly!). 

I have been looking closely at the Rapid City market as a strong potential focus for the coming year.

I chose this location because Rowan University has been expanding rapidly over the past 5-10 years and off-campus student housing is always in demand.