I just happen to be fortunate enough to be able to do both things, max 401K and invest heavily in long term buy & hold real estate. 

Anchoring is a well-documented cognitive bias that describes the human tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions.

I do not know about the states mentioned but in many other states for strong suburban or urban core trailers or whatever you want to call them are heavily frowned upon.The renters tend to be transient in nature a lot times.

We are investing in Central KY where smoking is unfortunately heavily common, most of the houses that we visited before buying all had smoking inside.

I think that investing heavily in real estate is a great strategy, whether it be passively or not. 85%+ of my net worth is wrapped up into real estate, so I have no issue with your strategy. 

., Ha ha, probably I would've made better decisions if I had drank some. 

Which has it's downside but also it's upsides as they rely heavily on us to make money.

I was just in Princeville and I had heard that STR was mostly illegal on the north shore of Kauai though also not heavily enforced though enforcement could get stricter

That's why we want to use a camera.So the man is heavily sedated, the camera is inserted and rotated and snaps a whole portfolio of shots.The pics showed completely clear, pink, healthy lungs.That man was my father - who eventually died decades later - from a brain hemorrhage when he was over 90.stephen------------Originally posted by @Kenneth B.: Those are great stories Stephen.

This is a heavily regulated area.