I am a licensed General Contractor in San Diego that has worked flips, multi million dollar homes and everything in between.

I am a beginner so bear with me but lets say couple years down the line I have a booming rental business and I have the money now where I want to buy my parents a home, let's say for $1 million.

I really like the far west and northwest side of town as I grew up and lived in these areas and know them really well - plus when I do start investing I like that it is an attractive option for active duty being relatively close to Lackland.

Where do you live that would make it attractive for people to Airbnb in multis?

The supply of homes for sale fell 29.5% year over year, the largest annual decline ever, to 1.03 million homes.”Indeed, according to CEPro, SFH construction weakened 10.3% in February due to labor and material shortages.

Spector, the erratic and disgraced producer behind the “Wall of Sound” recording technique (who died in January), paid $1.1 million for the French Chateau-style mansion in 1998.

My net worth is about 10 million, which is obviously a great financial position to be in at my age (mid 30s), but it is also a bit nerve racking trying to figure out the right way to do this.I have a relatively small investment in the financial markets (<10% of my net worth), and now looking to deploy around 5 million total that will kick off an income source while preserving the capital.

A person can literally own a million dollar home free and clear and you cannot touch it-Texas does not allow garnishment of wages for a judgement so that avenue of collection is out-You can get a judgement and hope or even use a collection agency who will take 50% or so if they are successfulOR you can take the money now and move on and get a new tenant. 

That being said, millions of people around the US are doing what you want to do and having success, even people in this Utah market and you can too! 

It doesn’t make sense for a $1 million property with to be only $50,000 in the building value