You have to have cash flow in each deal in order to weather the storms that will always be on the horizon.Build a real estate investing strategy that fits your needs, lifestyle, and long term goals, and leverage the advice/suggestions by the best that are out there.  

California and the nation as a whole are very diverse areas of thought and lifestyle.

I would not want to be an owner of lifestyle centers.

What a low quality of lifestyle to be running to property every time a contractor needs in.

. $60k has already been collected and the other $15k will be collected in another week at most.That being said, a few of my Tenants are in the Gig Economy.One in particular is Canadian and in the Gig Economy.Those who I know lost their jobs, especially where they won't even get a Stimulus check or unemployment, I'm giving them a small rebate on their rent.That will amount to about $2k.So, to put it in percentage, I am sure to collect $73k/$75k = 97.3%HOWEVER, I'm renewing leases without any rental increases this year.So there will be a downside to this as I will absorb the increase in expenses like Property Tax, etc.Over all, this has ZERO effects on my lifestyle.

Real estate is my why, and that’s what makes it a lifestyle and not a job.

My two cents are that lifestyle design should dictate your (or anyone’s actions) in this regard.If you want to grow, use leverage.

They and their families choose that job and the lifestyle that comes with it.

Fairoaks Ranch is located just between Boerne and San Antonio, where you will find the Hill Country lifestyle with 1+ acre lots.

The obvious challenges could be turnover, roommate issues and potential damages caused by late night "lifestyle" choices.