Great to see another international investor here! 

My point being, don't worry about an initial pay cut, if you think it will lead to greater flexibility later.A year worth of half a salary for both of us to be home with our kids 24/7 was worth the pay cut.If your husband is looking to change gears, maybe you should start now, and find something that will allow him to work remotely.My company is based in Paris, France, I've never been to the office.You can check out a website like weworkremotely.com to find jobs.And don't discount customer service, remote support engineers make upwards of 100k a year.

. :) If you're super serious about investing, you might even want to reach out to a real estate brokerage that works with investors to see if they need hired help or an intern during the year you're off, and then you can REALLY learn the ropes of investing at the same time you're studying to get your RE license.

I am willing to take on additional risk (in the forms of higher turnover, repairs, evictions, etc.) if the returns are high enough to make it worth it (I'm thinking of it as small cap or international stocks).

Flipping PropertiesIf the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.

Chris DeVries at Colliers International Los Angeles will be able to assist you.  

I actually posted in my local REIA facebook page and an international investor and I made a deal. 

Work with international clients on the regular to include, Kuwait, India, France, Iran etc..3.

And if anyone in Michigan is open to having me intern under them, I’ll be glad to do it for free.

Either case, I'm not here to preach about investing using Future Value formulas such as Internal Rate of Return (IRR).I am here to confirm Aidan's understanding of Investing in large Metro areas, and specifically, NYC.