Real estate is the last place you want to park excess cash if you believe we are at the top of the cycle. 

After you rent it out for last few years, your house qualifies for like kind exchange.  

I've looked at Detroit on and off for the last few years with some interests, but just could never get the numbers to work.

Also - the last thing would be how well of an agent you hire to sell it.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

Hey GuysI'm a licensed general contractor in Grand Rapids and I have been a custom home builder for the last 5 years. 

Hey Dwight...your last name triggered a key alert in my settings and brought me to this thread as it's the name of a town in my investing area...lol  Might as well say hello and welcome while I'm here

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

And PS  I bought a house last year in Charleston SC that by the time I went into contract ( it was vacant) and the time they cleared the title.. 7 months the termites decimated it and I had to demo the whole house  LOL>.

Lastly, read Rich Dad Poor Dad.