All things being equal, the same property transported across state lines would cost significantly less to operate in OR.

Now that I’ve ditched the car loan and the credit card debt, I’m ready to become an investor. 

Deficiencies, payday loans, credit cards, medical, installment loans.

Fake IDs, fake social security cards, etc etc etc.

I'd only be paying off very high interest debt like credit cards or another type of high interest loan you might already have (I don't consider 7% that high). 

I'd like to explore card operated laundry to provide that as an option for tenants, to offset the cost of running the washer and dryer while I pay for utilities. 

Those monthly hours and frustrations I save by paying more saves me time, improves my quality of life, and makes me more money in time savings per hour.The masses living by credit cards want service so cheap those companies have to use AI and automation to make the numbers work.Millionaires today in U.S. about 14 million so still small compared to overall population.I think residential will automate more over coming decades versus commercial.

If you play your cards right with real estate you can reduce your tax bill significantly.

I also require:Rent + Monthly Debt <= 45% of GROSS monthly incomeExample: So, someone making $6,000 per month ($72,000 per year) meets the initial income requirement BUT if they have a $750 car loan, $250 child support payment, and $250 credit card payment $1250 total then $1680 (rent) + $1250 (monthly debt) <= 45% x $6000 (monthly income)$2930 <=$2700 (DENIED)

I compare leverage, insurability, taking write offs, cash flow, monthly  expenses, transportability, speed of decline in a crash, ease of unloading in a crash, forced equity improvement, things like that.