If you go into Central or South Scottsdale (Old Town) $1M will buy you a smaller, older home, OR half of a big, remodeled home (as alot of the Arcadia and Old Town area are turning over old small homes to be big beautiful homes in the $2.5M range and higher).There are options.....for both buying and renting, that would work with your situation.By the way....it's 51 degrees in North Scottsdale right now where I live. 

I had zero knowledge when I started, now I'm a full time investor enjoying life, so yes of course I can say it's real :)

SonuI have lived in Final for 6 years.

I think you run a real risk of your second rental eating up the profits you're enjoying on the first one.

Greetings BP community, I recently joined a national senior care living development team.

There are no restrictions preventing out-of-state investors from purchasing rental properties in Texas—these investors enjoy the same opportunities as Texas residents.Additionally, the financing restrictions you mentioned don’t align with reality.

I have been at this since 2021 so I am relatively new myself and really enjoyed it. 

I enjoy helping Bigger Pockets members save time and money.Thanks Jay, I may get in touch!

Also - what part of the country do you live in...

I plan to move down to Miami to be closer to more investors and a better quality of living.