Then again I feel the same way about employer and employee relationships.

Being a few blocks from Penn State University we wanted to produce a high end product that would attract University employees or alumni looking for a second home.

Then, you invested that same amount of money, in the same exact equities over the same time and had a 100% employee match.. you would produce roughly 2% more return in the latter case over the lifetime of the investment.

Plus 2 Amazon places here and they are hiring 5,000 new employees in PA.

Higher educational achievement tends to correlate to higher incomes, and I think that is a big factor in our areas income, as government employees are not exactly the driving force in the areas high income.And lawyers....everyone is a lawyer here.

I am neither an employee nor getting any other benefit from the PE Fund. 

I just want to add that if you're doing it as a business, don't get too hung up on 1099's, make sure you're dealing with a businesses that's licensed and insured, if not, it's going to cost you.I had a business, had regular employees and some 1099 guys.

Fast forward to today: Milwaukee has been in the news lately quite a bit - Foxconn (one of the largest manufacturers of consumer electronics with 1.3 million employees) has announced a 10 billion dollar investment in a new plant creating  up too 13.000 well paying jobs in Southeast Wiscinsin, probably Racine or Kenosha - close to the lake.

page=1https://www.biggerpockets.com/forums/48/topics/429980-officially-financially-free-at-32----exciting-dayhttps://www.biggerpockets.com/forums/223/topics/445367-full-time-employee-multiple-brrrr-side-hustle-2875-to-goalFor buy and hold rentals, there is a continuum of perspectives.

With pre-tax retirement accounts, the funds are invested prior to taxes being taken out- this is typically how companies set up their 401(k) plans for employees.