I had someone on my podcast who was a government contractor in Kenya and purchased a massive portfolio while she was there, but she leaned on her team to fill key roles that would have been impossible or improbable for her to fill on her own. 

Big Bear City and Sugarloaf are the only areas you'll find a two-bedroom that isn't in need of a massive renovation.

When I don't have a massive rehab project going on it gets easier but still never enough time lol.

The more competitions, the harder it becomes, its the nature of every ''money maker''.A few make good money and have good opportunities at the start -> after a while they have more competitions -> less opportunities -> people who were massively successful at the start shift their focus from the business itself to the teaching of that business because the edges are not that big anymore -> even more competitions, etc. 

All have massively appreciated (over 150% for CA, and 75% for OH), and all are profitable annually AFTER tax depreciation.So I have experienced huge price appreciation, and the tax benefit that flows automatically is no current tax on that appreciation, a tax benefit that may become permanent with very little additional tax planning.Additionally, I have huge cash flow, so much so I am profitable after tax depreciation on every property, the tax benefit that flows automatically from that is that 50% of my annual cash flow is sheltered by the tax depreciation.Finally, the portion of my annual cash flow that is not sheltered by tax depreciation is automatically eligible (after 2017) for the IRC 199A 20% tax deduction.All of this additional very highly tax favored RE income is on top of my W-2 which itself alone pushes me through the tax brackets.

However, when I ran a calculation based on BP's rental property calculation, the results show so massively negative cashflow due to high mortgage amount, the interest at 6.5%, for FHA loan.

Warren Buffet said, "Be fearful when others are greedy, and be greedy when others are fearful!" 

Plenty of people start out that way and grow a massive portfolio.

Not only is it great for retirees, but there is a massive community with young professionals, which most cities in Florida do not have.

While its a small paper gain, its a massive amount of increased income.