The thing I continue to hear is that there are a million ways to make $1, not one way to make $1 million.

South Carolina property tax varies significantly between counties and some cities have there own property tax. 

Does this vary by state?

Obviously the 1% rule is going to be just a rule of thumb as a lot of things vary. 1% could potentially be better ina nice area of Indiana vs Illinois because of the property taxes being 2-3x.

I will gladly help anyone I can with my knowledge in other subjects while I continue to learn more about REI.

During this time, Kevin also had seen a property he would like to buy and had put in an offer to purchase which was accepted on Feb. 5th, the day an email went out to Cancel the original Contract.At the same time, the Mortgage Bank then closed the Application since there was no point in continuing as the Seller could not deliver Marketable Title and the Mortgage Contingency had expired.The Seller's Attorney stopped communicating with Kevin's Attorney.

Continue saving money and living below your means and when you are ready to settle into one area and have a long term vision then take massive action.

If you're confident that prices will continue to climb, then invest.

The courts would see right through that attempt.I'm also not sure if marriage implies joint ownership or not (marriage laws are crazy and vary, so just something to ask your attorney about).I second the usefulness of an umbrella policy as well as, of course, being aware of your local rental laws, requirements, and regulations.

This will vary from jurisdiction to jurisdiction.