After you and your family are ready to make your move from the multi-family to your next home, you would then be in a position to purchase another property without having the necessity of a higher down payment.

Have to look good driving to the pay day loan store. yeah, people in mass generally make AWFUL financial decisions, even in the face of good advice. so if you find out what most people are doing and do the opposite, you'll probably end up in really good shape ;) paying interest on a high depreciation luxury is worse than buying a house in market mania and speculating that it will appreciate to no end. the house MIGHT appreciate, but the car is DEFINITELY going to be worth nothing in 8 years. buying a car should be an effort in minimizing the damage for the necessity of driving.

Someone that loves what they do will usually want to keep learning and get better at it whereas someone doing something to just pay the bills does it out of necessity.

If you also work to get 100% bad debt free in the same 5 years, most people can cover necessities with $4k/month so you could also become financially free in the same time.

Quit leasing cars/trucks or buying them with financing, only the necessities.

STRs are not a necessity but rather a luxury.

It also creates a necessity to maximize rents to maintain a semblance of value and cover the increased tax burden, especially for properties that have run out of depreciation.The value of properties actually drop, because they lose utility in terms of exit strategy, so it degrades current wealth.It also eliminates a path to wealth for anyone who isn’t already wealthy, thereby decreasing upward social mobility.If there is no step up in basis and an elimination of the $11m margin before inheritance tax kicks in, properties will be forced to be sold to pay inheritance taxes, so there is no way to create a legacy.  

Keeping small businesses afloat while putting an end to the stimulus checks and endless unemployment benefits is an absolute necessity.

Just a few thousand more to lose...there was nothing really BIG this year, but the necessity of not biting off more than my business model can chew is very important.

They don't want to pay for the necessities they need to keep themselves in the black.