Totally Crazy? Keep Renting in High Market, Invest in Low Market

[Ben Brown]

I've been listening to the BP podcast and just finished the one with Ashley Hamilton. This had me questioning if it actually made any sense to invest in a more affordable market than mine. At the same time, keep renting in my marketing. Of course, still keeping my eyes are peeled for a good house hacking opportunity.

Has anyone tried this? If so, would you vote for or against it? Or does anyone just have an opinion about it?

Otherwise, I am wondering if purchasing mobile homes in this high market and renting those out could be a place to start. 

In my market a 2/2 condo easily goes for $300k. In other markets, an entire house 3/2 house for $100k. I keep hearing to invest in markets that make sense for you. Agreed, but would it make sense to do this while still paying rent?