I know multiple people who have secured their life doing that, though with smaller homes (and of course, they prefer duplexes, but the right SFR works).
Because gambling on single family appreciation has been a great winning move for decades now, but if you factor out that almost all SFRs have negative cash-flow.
Well, they have negative cash flow but people endure that because of the leveraged appreciation.
The people I know that are doing this seem to do well.
I do not know if that is because of the low mortgage rates up until last year or if they have some other secret, like only buying houses they can get a positive cash flow from.
Because gambling on single family appreciation has been a great winning move for decades now, but if you factor out that almost all SFRs have negative cash-flow.
Well, they have negative cash flow but people endure that because of the leveraged appreciation.