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> The basic problem I see with this scenario is the tail risk.

you don't think that there's a similar risk in the market? sure, you pick how much risk you take when you invest, but i'd say that you're doing the same when investing in this type of real estate -- making a choice to exchange some safety for higher returns.

> The bit which bugs me though is why are you spending 200k a year.

i don't believe this was point of the article.




It's not like real estate and stocks are your only options.


agreed, but pretty much every investment is about deciding on that tradeoff between risk and return




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