My goal is to be financially free, travel the world, have no debt or college loans.

@Jahid M.Starting a rental business involves researching local regulations, using platforms like Airbnb and VRBO for short-term rentals, targeting mid-term rentals like traveling nurses or business professionals, and considering Section 8 tenants for stable income.

You won't have the appreciation of what a Texas rental has but you can find cheap houses for really good quality in Little Rock.

I second what @Michael Baum says, granite is pretty cheap now, prices have come way down. 

I love to travel, try new things, and experience new cultures. 

the answers to all of your questions are... go find those people in person, which is difficult to do out of state unless you're traveling frequently to your chosen market. 

Umbrella insurance is pretty cheap in the scheme of things

All these people on fixed incomes who moved to Florida for the weather and disregarded the consequences and risks can do the same thing as the people on fixed incomes who stayed up North: Rent a cheap apartment or buy a cheap condo.

Hi Cleveland BP Community,I've noticed a lot of cheap houses for sale in East Cleveland that could make great cash flow given their list price.

The issue is this negative initial cash flow increases the amount invested which will impact ROI forever.I do not do flips, but if I purchased this property I would be flipping it rather than suffering that level of monthly negative cash flow on that cheap a property.Regardless if you rent or sell, add a closet to each bedroom.