But since there is myth there that syndication is passive well then LoL … btw if you want to invest at syndication that has no correlation to economy try some alt class like litigation finance or life insurance.

“The 2023 Development Review data is a good indicator of Huntsville’s economy.

The economy looks to be slowly diversifying away from Oil and unemployment is low in OK.

Your economy of work will be MUCH better with that 

House hacking is a possible alternative, but given California's high real estate values, investigating other areas may be a good decision.Houston, TX is frequently seen as a favourable alternative for out-of-state real estate investing for various reasons: Diverse Economy, Population Growth, Affordability, Landlord-Friendly Laws, Job Opportunities etcRemember that success in out-of-state investing often involves ongoing communication, local support, and adapting to the unique aspects of the chosen market.Good luck!

Additionally, Columbus is another market worth exploring for its strong rental demand, diverse economy, and growing population.

That's just my experience.Now, I invest nationally, in growth markets.I invest in economies of scale: Apartment buildings, instead of small multifamily or single family homes.I also help others do the same, by bringing co-investors in for these big deals.Anyone else out there who's also a residential Realtor, but invests in multifamily real estate?

It's definitely worth considering for its strong rental market, growing population, and diverse economy.

They reflect the overall economy including how expensive it is for investors to raise money and whether they can obtain similar yield from other investments.

You could try to negotiate a higher rate per year after that 5 years to built into the loan incase the economy is somehow much lower then opposed to now.