It is up to each investor to decide what the best investment options are based on their individual goals taking into consideration experience, time availability, risk tolerance, scalability, lifestyle, etc.Can I frame your summary of this thread to hang on my wall? 

I also never split up the income I earned from my rental and used it for my lifestyle instead of saving and purchasing more property.  

In Phoenix the median home price is $250k so a large number of units isn’t an option when you’re targeting Class A&B.I’ve been very deliberate about my approach because it has to fit my lifestyle.

Im living the lifestyle I want to live, no 9-5  job, and the only headache I have is the wife telling me I should do more deals as I never work anyway (according to her). you want to be efficient go for it.

Too many of my peers make six figures and have almost no savings, because of their lifestyle choices.

Everything that is habitable is being snapped up as a flood of millennials and others are making lifestyle changes which mean a move away from the city. 

Too many of my peers make six figures and have almost no savings, because of their lifestyle choices.

There is a lot of power in responsible leverage.Lastly, if you're making enough rental income to sustain a comfortable lifestyle, why would that be considered "cash poor?"

I was willing to lose everything I invested because I knew it would not ruin me.I knew that I would not lose my primary residence (I am responsible for putting a roof over my families head and food on the table) and at the end of the day I had my job which would easily maintain our below means lifestyle that we had.It all worked out so far. 

In my mind, rich is being able to afford your liabilities and life style without relying on a paycheck from your boss.Great Job.