If you have not paid the "Apprentice" program you will just be another sucker that paid at least $20K to finance the Groves lavish lifestyle, and you will get very little back from it.I have been attending many of their meetings, and over the course of the months and years I have seen very mediocre people with very little experience or skills in real estate to be presented as real estate investors, many of them people that have barely made any money on their deals, and that have done very few deals.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

@Trace Martin - Dallas is a huge area and neighborhoods vary depending on what kind of lifestyle you want and your budget.

Significantly longer tenancy is another, which reduces turnover and cuts down on our turnover cost, which is our single biggest operating expense.Like I discuss in the video the ROI on finishing a basement is pretty terrible, but it ads to the life style we are looking to create.In terms of rent, this is more than double the median for Milwaukee.

The good news is that real estate can provide you with the lifestyle that you are describing: No 9-5, cars, travel, financial freedom, etc. 

The problem is I want to have a comfortable lifestyle and to travel.

We need a healthy supply of homes.

Ask yourself if spending several hours each week on your rental properties fits in your current lifestyle or future desired lifestyle. 

I had heard as you described about if in same vicinity, if the homes were significantly different life styles that you could get 2nd home loan.I live in inland north county San Diego (Poway) and wanted a 2nd home loan for a San Diego beach property (mission Beach).

If you are new at new construction and have some ideas on what you want to do, like your plans/designs and what type of lifestyle you are willing to navigate.