I wouldn't rent rooms though because having that many unrelated people in a household might be a violation and if you live there they will befriend you and will inevitably end up not paying rent and/or becoming dependent on you for rides to places, food, cleaning, etc

I was actually thinking she was "old fashion" but I was easily spending $20.00 most days on food and coffee and I felt broke all the time.

It is unlikeley that there is no income whatsoever but she may qualify for at least food stamps.

By year 20 ~$1,600,000 AFTER taking out $50k/yr to fund point number 3)3) After year 7 or so, taking out $50k per year and putting it in the stock market (totaling $1.5M)(Not to mention that none of this money is going towards funding my life (food, cars, entertainment, etc.) - All of that type of stuff is being funded by my lucrative job - which is what also allows me to invest 50-60k per year!

We're still not %100 decided, but this post has given us plenty of food for thought.

We ranked all our monthly expenses with a 1 to 5. 1 being absolutely essential like food and shelter, 5 being totally frivelous - stuff we were spending money on which was neither necessary or enjoyable to us, like a storage unit we had because I couldn't be bothered to organize our garage more to make space for the stuff in the storage unit. 3 we would use for things which were not necessary, but we enjoyed.

Looking past the cause, I'm curious on the impact on things like food and everything else thanks to the climbing prices.

I plan to only do month to month leases as this will allow me to kick out trouble makers immediately.I also plan to hold monthly meetings with the tenants at a local restaurant (where I would pay for food) to have them voice any concerns they have with the area and ways their community can be improved.I also want to talk to the city to try to get a grant to purchase some of the run down buildings in the area to fix them up and make the community better overall.The buildings are in great shape so I would primarily rent out to section 8 individuals.

to personally insulting the reviewers to saying reviewers were taking food off their kids' table.

This approach will impact your flexibility as you should really be committed to these investment decisions, as I would formalize each of these decisions and have them notorized.For those of you who don't flip to live, but rather to build wealth, this is something to consider and talk to a knowledgeable tax attorney who specialize in real estate (these are rare and sadly rarely hang out in forums).Just some food for thought.