Not a great return but if we did it, it would have been an interesting experience and we could have spent some down time away from the reno out in the W.A gold feilds camping exploring and metal detecting.

Real estate in Ohio now is like the gold rush in the old days so much money to be made

This information is GOLD!

That is the exact reason why I pay ~$100/mo from personal cash flows to pay down the principal fasterOne of my banker buddies made this remark the other day, a ship with lots of gold will eventually either sink or be robbed

also there's problem in question, the problem is you choose 9 to 5 as "rat race" , but if you want to make 9 to 5 as the "gold race", then your 9 to 5 maybe your dream ....and for some of us, the 9 to 5 and real estate chase is both "gold race".

Having a reliable PM who is familiar with the area is worth its weight on gold in these situations (as an out of state investor).

Turnkey groups are coming in from Canada, and all over the country to take advantage of the property gold rush happening right now in Detroit.

However, if one of you goal is to preserve you newly inherited cash, have you thought about investing at least a percentage of that cash into precious metals, like gold, silver etc.

(Not criticising this phenomenon just observing).Coming back to Marc Faber, I followed his and other people's advice too closely and had a lot of opportunity cost loss by going into emerging market equities (especially China) and gold.

It's also a good idea to compare what you can achieve with what vehicle.Whether it's RE, stocks, gold, or collector troll dolls - does it fit for you?