Living in a very modest home compared to your net worth is more important in some places than others, I suppose, but I live within four or five miles of almost all my tenants and my county's website clearly gives the location of where their tax and sewer bills are sent, so unless I invest in a post office box and an LLC, I shouldn't live in a McMansion with a lawyer foyer, a garage mahal, and a turret.If you want to wear nice shoes, designer clothing, or lots of jewelry, go on vacation in another country.

Life is precious.  

A system based on infinite borrowing until some point in the future when the whole system collapses and we switch to a new (and most likely digital) currency backed by precious metals.

Every dollar you have is precious, and you have to protect and grow it. 

Creative financing can work, but wait until you’ve gained more experience and connections—your savings are precious, protect them while you level up.Good luck!

You're essentially doing the same type of strategy except you're not putting your precious primary home at risk.

I love all the answers here, and each point from Income verification to precious rental history are all musts.

If there is a case against them, you can add my name to it. congrtulation you bought Amy Vaughn more jewelry like everyone else including me

Sleep is precious.

Use this when doing your budget and after a project is done when figuring out your profit or loss.You'd be amazed how much of your precious time can sunk into a project...and sure maybe you end up with a $20k profit on paper...but you invested 100's of hours into it.