Talent can be tough up there.

Tough break Pamela.

The way I see it is most homes will cost you 25% down and renovations out of state will be difficult or very expensive so the ability to force appreciation becomes tough.  

And juggling that alongside a full-time job is tough.

It is very tough to go from a SFH single family to a 2-4 unit as it does not make much sense to the bank or underwriter.

Materially participates in properties they own3.

With the high housing market in the past few years, house-hacking and living "rent free" is very tough almost everywhere in the country, especially if you are planning on putting <20% down (higher mortgage payments + PMI).

This means meeting the 750-hour rule, the 50% rule, and the material participation rule of 500 hours.

We are starting a new real estate syndication company in Anchorage, Alaska and looking for templates to develop our investor materials. 

Hi Sunny,I expect DFW and Indianapolis to be similar to as you describe, although $250,000 price point can be tough on newer homes less than 10 years old.