@Shiloh LundahlOnly way you are getting true passive income is from legacy stocks, stuff like Coca-Cola KO, Procter and Gamble PG, and Johnson and Johnson JNJ.

My numerical goal is six figures in net income per year.

"Investing" for appreciation is not investing - it's speculating (gambling)."

Hey guys,I'm a noobie investor looking to get started here in South Florida with house hacking and after looking at numerous SFH properties in areas that I want to buy, I am noticing that there are discrepancies between the MLS listing and the information I find on the County records.

If it was a middle of no-where or rural area and the the city is expanding, its practically a gamble on when the price would be right since there market will be providing newer and normally better houses.

It is just speculation aka gambling ,hopIng ,and wIshIng that everything goes up In value over time

UPDATE: The house is finally done and listed.I had numerous permit delays, and I wasn't focused on this house.

hahaThe reality is that if building owners are not anticipating changes in Legislation to affect a certain building class in the future, they are gambling with their particular asset class.I knew a long time ago (21 years and counting) to make sure I invest only in buildings that has a high probability of never being the target of rent regulated.THUS, this logic continues to push up my building's values.This goes with ANY Investment, not just Real Estate.Take Insurance Companies, for example.

I think there are numerous lessons here: Just jump in.

It seems like a better play than gambling on the next two years when we have obvious headwinds to further growth.