Ferriss points out that alternating periods of activity and rest are necessary to survive, let alone thrive. He advocates distributing "mini-retirements" throughout life instead of hoarding the recovery and enjoyment for the retirement years.
The author suggests the following as one option to free up time for mini-retirements:
Start your own internet business, then turn the reins over to someone else who runs the operation for you. As Ferriss quotes the Guardian of the Emerald City Gates in the Wizard of Oz said, "Orders are nobody can see the Great Oz! Not nobody, not no how!" This may not be as easy for the average person to do as it sounds.
While I think this is a reasonable option, this is where I part company with the author, in terms of how I approach a passive income stream. I think there is a much more accessable way for people to generate a passive income, and still be able to take the "mini-retirements" that indeed follow the sane approach of a more mobile life.
For me, the advantage of real estate is that it provides both long-term and short term profits. Long-term from the average 5% increase in equity, and short-term from monthly rental payments and tax deductions.
In my opinion, it is much easier to start up a business in real estate investing, and requires less risk. Under Ferriss' system, he is completely dependent upon the abilities of those he hires to run his company, since he has stepped out of the picture.
With the fixer-upper real estate business, you learn to do all aspects of the business yourself, purchasing, repairing, leasing, and property management. The more you learn, the less you rely on, and pay for the services, of others. When you are ready for a mini-vacation, you turn your rental properties over to a management company, and you are free travel while your rental income continues to flow in.
Ferriss virtually completely removes himself from his company, while in my "Fix em Up" system, I stay at the helm, which takes only a few hours a week, only passing the torch to a management company for the duration of the mini-vacations.