With the election over and the New year approaching ,its a waiting game for that extra 1/2 or full point to come down.

Otherwise, you won't have the extra funds necessary to cover the rising costs of goods and services in the future.What causes rents (and prices) to increase?

., new renovation, outdoor space, free parking, in unit laundry, extra storage, utilities included in rent.   

That would the extra 5k would technically come out of my own pocket, right? 

Renting it out would let you keep the asset, earn some extra cash, and possibly benefit from tax deductions like depreciation.

It's really great for learning the fundamentals even if you aren't investing out-of-state, and of course extra relevant if you are. 

For an extra 800/m (this is a random number)It usually isnt worth it.The investors who have the best success do the following things:1.

Then you could house hack to make extra money for your next down payment. 

If you're 25 or 35 and that monthly rent check gives you an extra vacation a year for the rest of your life, that might be fun too.Good luck and congratulations for being in the path of progress I guess.

Sales prices and mortgage rates make it really hard to find good deals today.Wholesaling sounds good, but you could make better money working extra shifts as a nurse.You could look for run-down properties as buy-and-holds.