I agree on congratulations. Sticking to a long range plan is not easy to do. In no way are rental properties a get rich quick scheme. I think of my rentals as a single component to a retirement strategy that also includes other components such as securities and bonds. Living in California, especially Southern California means you live with earthquakes. I agree you are far more likely to be killed in an auto accident yet we all get in our cars and drive to work daily. I don’t believe letting mother nature dictate a retirement strategy is beneficial. Moreover I know of people who went to Louisiana a few weeks after Katrina to purchase real estate. Retirement strategy should be based on risk/reward (or return) on equity investments sans mother nature.
