I really enjoy the quality oflife.I can easily walk to the Collin Creek Mall.

When you get through you could easily spend $40K, $50K and really not be sure the house will sell in this market to make a decent profit for your trouble.

Otherwise you're playing a LOSING GAME.

If you go into it with knowledge and your eyes open you have nothing to lose.

But that same person could care less about the $500-$10,000 a month that they will lose each and every month for the rest of their life by not investing in real estate.

If the purchase price isn't low enough then you lose money.

ALSO, if your getting into flipping, which is the route I'm going to take, you need to man up, because contractors will push you around, and you'll lose out big time, or take forever to get flips finished and sold...

This is easily a place I will visit daily

He then loses the property, and in the ensuing audit Jim Bob Bank discovers he bought the trade lines to artificially pump us his score.

If you put 200k in REI you may lose it; likewise you may feel you lost it putting it in college.There's an argument that you should have a laser focus, put all your eggs in one basket, and make sure you have a reason not to fail (losing it all).It depends on your propencity towards risk.