Half of the duplex is owned by a brother and the other half by his sister. 

I was a International freight forwarder, which is like a travel agent for cargo.

If you happen to live in an area (or are comfortable travelling to an area) where it is efficient (I'm arbitrarily saying efficient is that for every 100 properties you view, you make 10 offers, of which, 1 is accepted), the the rest of this point is moot since that is fairly easy to scale up (as in a small team can probably view 1000 properties annually while the wealth is compounding).

I remember we vacationed in Melbourne and my mom bought 2 apartment units in a very newly developed area, called dockland today, She was one of the first investors, and my sister recently sold it for not only appreciation but currency gain!

I'm willing to travel and network.

Hopefully with enough money to do great things for my family (Giving parents a great retirement, top-notch education for my kids, be able to give my wife a great life with excess, travel the world together, the usual...)My plan thus far is this:-Begin building credit (currently have none)-Begin investing in buy and hold properties ASAP (probably looking at FHA loan on multi-family with a cosigner to get going)-Continue pursuing Bachelor's in Computer Science-Graduate and find software engineer position-Live below my means and be investing as much as possible into buy and hold properties (I aim to be generating 10k+/month in passive income in my early 40's)-Once my passive income can support my expenses -possibly before- begin a startup-Keep working towards that 10k+/month and retire when/if I feel like itDoes this seem like a good, sensible, plausible plan? 

  - If you are single, travel light and live in these same flips.

At the same time, my sister moved in with us to go to college.

Sorry for the delay I have been traveling for business and kicking off a new contract.

Bill Furlong from HomeAway also spoke on trends in the vacation rental industry, and here were some interesting statistics:78% of vacation rental buyers consider potential rental income when purchasing the home. 77% of vacation home purchasers in 2013 said they planned to rent out their home to short term renters.One third of vacation rental guests are first time vacation rental travelers.More than half of vacation rental travelers are 25-44.Other general trends that HomeAway/VRBO saw:"The rate of vacation home purchases had a banner year.""