This would have to be hyper targeted to higher income renters who have interest in the ranch lifestyle.

You will have lots of stereotypes with artists...and rightfully so, their usual lifestyle, credit & extra curricular activities usually deserves it.

If you have more cash flow from investments than your expenses and don’t have to work but can live the lifestyle you want without working then you are rich or wealthy.

During the previous year, I had listened to the BP Podcast religiously on my commute to and from work, which was instrumental in giving me the confidence to move forward with buying.

If you want to create passive income to fund your lifestyle over time while enjoying tax benefits and loan paydown, then of course buy and hold is the strategy for you.

Passive income and a free lifestyle!!

(As a Marine, it's a lifestyle I'm sure you're used to by now) If you prefer privacy, the 4-plex would be a better route, but know that these are even more uncommon to find in VA qualifying condition in the area.

Was it an amount that changed my lifestyle?

This is a question of lifestyle and career focus.  2 - Do you want to invest short or long term? 

You've got Lifestyles Unlimited, Brad Sumrok, Michael Blank, Think Multifamily, Total Wealth Academy, and probably several others that have big conference where you can meet dozens of syndicators.