We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!

I know the seacoast of NH has been mentioned here but I wanted to point out a few options that could be considered.Hampton, a popular coastal town, has strong demand for multifamily units near the beach and a robust short-term rental market, especially in summer.

@Susan Tan you may also have lending options in the Houston area that offer 100% LTC financing for rehab projects.

However, given that many sellers have locked in ultra-low mortgage rates from 2020–2021, the existing home supply remains constrained, which will continue to support home prices in certain areas.For investors, rental properties remain a strong option in an inflationary environment.

Louis, Missouri-based property manager seeking investors and opportunities to property Tenant screening, lease negotiation, property maintenance, rent collection. 

But I think the better option is tenant pay for it, that way they will know it may go against them for not paying rent..

Hi @Aaron Raffaelli, you've gotten good advice here as well as some good options.

@Eric Johnson   Investor and lender based in Dallas.

Are there any other areas I should consider based on my budget and purpose?

Talk to lenders and have some options ready to go and have clear buying criteria.