Boston is already a tourist area and this will be another attraction.

Well, for now, you'd do well to learn about self-directed retirement accounts and how to attract private lenders - anyone who wants a better return on their retirement funds than the negative growth Wall Street has been providing of recent, and they want it with less risk.For the longer term, learn about building credit inside a business entity.

I don't understand, if you have capital to put 20% down on $3 million worth of assets, why are you wanting to operate in the small multi-family arena, where value is a function of demand, rather than larger multi-families, where value is a function of income?

You will attract better buyers and renters.

My strategy for now is to pay a little extra in insurance premiums to cover liability up to 1 million on each structure.

Tear-down across the street recently sold last summer for $565K and ~3500 sq ft, high-end, new constructions nearby are selling as soon as they hit the market for ~$1.5 million.  2.  

Assuming the rents cover your expenses, in 30 years when you’re in your early 50s and the mortgage is paid off, and you’ve done the smart thing by raising the rents over the years, you will be sitting on a multi-million-dollar asset that cash flows thousands of dollars per month at the cost of a measly $20k or so out-of-pocket when you were 20-something.

For me, the more I surround myself with real estate, the more I speak and think about it, and the more I attract opportunities in real estate. 

We also figured out that, to attract hosts, we should buy expensive properties in expensive neighborhoods.

Designers always want to "make a statement" or "be original" but I just want to attract the most people!