So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

Purchase price: $365,000 Cash invested: $550,000 Bought to live in, forced some equity and was able to get out almost all of my cash. 2.3% interest rate!

These type living arrangements are primarily short term until user circumstances change

Now I provide a modestly sized (42-48") TV in every bedroom, and a big one in the living room.

Talk to a CPA to see how each scenario plays out.A 401K continues to grow in value, but what do you live on? 

Where to start, choosing an agent, DSCRL alternatives or similar programs, etc.Thanks KamalDo you live in Puerto Rico?

I went owner occupied either conventional or FHA.  3-5% down at the time you only had to live there 1 year and then you can move out or move on. 

After 25 years of co-living have now graduated to one side of a duplex.

It seems ridiculous, but that's the world we live in now.

The kitchen, living room, and bedroom are one room, the laundry and bathroom are together.