Two huge points you are not mentioning: the up-to-$50k loan that can be taken from the SD401k for any purpose, and the fact that the SDIRA requires an LLC to enable checkbook control (which is the only way I'd invest due to convenience, speed, and lower custodial costs), whereas the SD401k does not need an LLC.

If rents don't keep up with inflation, your financial independence will be short-lived.Persistent: Your rental income will last a long time, ensuring that you do not outlive your income.Reliable: You can depend on a steady stream of income each month, even during tough economic times.I will cover each of these three requirements necessary for lifelong financial freedom.Rents Outpace InflationIn real estate, prices and rents are determined by the imbalance between the number of buyers and sellers.When there are more sellers than buyers, prices decline until there is a rough balance between the number of buyers and sellers.When the number of buyers roughly equals the number of sellers, prices are static or increase at a slow rate.When the number of buyers greatly exceeds the number of sellers, prices increase rapidly.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.The only market condition where prices (and rents) keep pace with inflation is one where buyers greatly exceeds the number of sellers.

Obviously my career has enabled me to purchase some real estate on the side.

I’ve done my best to educate myself, but there’s no teacher like experience so if there’s anyone in the area that would like to share their investment experiences or any tips I would be very grateful.

Listen to podcast 238 to hear my story on how I did this on a $80,000 combined family W2 earned income as a parochial school teacher living in pricey San Diego, with a $1900.00 monthly mortgage payment on my personal residence.You can too!!!

As of November 9, about one month after the 90 day challenge podcast, I was able to close on a 4 unit apartment that would double my cash flow, enable me to value-add equity to the property, and BRRRR out my money into the minor updates this spring.

@Max Tanenbaum  is a high school teacher (I think) and knows more about that.

My wife is working as a Teacher, and because of the low-income area she is in, her Student Loan will actually be “forgiven” by the State once she fulfills her commitment.

These provide a neutral venue and tend to attract those that are serious about lending their money, enabling you to avoid others with cold-feet at the last minute.Rates are obviously important, no doubt.

I currently work full time as a software engineer and my goal is to use real estate to enable me to quit the rat race within 10 years.