Even then the policy changes for captital gains taxation increases looks to only affect inheritance step up basis and income earners of a million/yr.

Lot of other factors, but dont leave your day job until you have half of your wages covered.If your a hard core entrepreneur.  

Usually they are going to be high wage earners and have good credit.

I agree that home prices will continue to rise due to supply issues, but taxes and insurance are going to take a toll on a lot of the homeowners who haven't seen their wages increase with the home inflation we are experiencing. 

Details I didn't think were necessary to get my very specific question answered.The goal is to get myself to a place where I can purchase my second property on my own without having to work a ****** minimum wage job and also gain experience. 

Ideally LL gets wage garnishment to start to get paid what he is owed but he is unlikely to ever collect the full amount owed.  

The majority of profits go into expanding my portfolio, but I do have a set point where I will flip and contribute a larger majority of profits into index funds as until I'm ready to step out of wage paying work.Very interesting topic, I enjoy reading the comments on this one!

This was in 1976 or so, and the minimum wage was around $1.50/hour, just to give the $2,000 savings we lost a point of reference. 

And they will need higher wages.

Wage growth has not recovered from the financial crisis.