I am a member of Lifestyles Unlimited. 

Long distance management of just one negative cash flow property wouldn't fit with my personal lifestyle.

This is my first post and I am eager to began my investing career and lifestyle.

In the midwest and my primary market of Memphis especially, there tends to be a range of residents that choose to live a lower income lifestyle and don't mind living in a C class area if the rent is only 700/mo. 

And if the investment returns are less than expected, or there is no cash flow at all, you can be left with partial or complete debt service out-of-pocket.If you use debt, be sure that if the investments had zero cash flow you could still service the debt without altering your lifestyle. 

However, I mostly want more free time to pursue other lifestyles.

When the economy tanks and the sponsors compensation is drastically reduced, the sponsor makes the decision to maintain there lifestyle at the investor’s expense. 

It really comes down to what lifestyle do you want and what are you willing to sacrifice.

Urban areas like Austin still attract buyers for the lifestyle and tech-driven job market.I believe more buyers will lean towards the suburban areas because of interest rates and getting more for their money.

I am a "traditional" LTR guy, you know? ...But I have really itching to get into STRs or short term rentals (specifically vacation homes). I'm currently working on quite a bit right now but would like to create a plan...