I've finally found a property that could be a good fit for my primary residence- if I can get a good price on it.  

It was honestly luck, I didn't know much about real estate I just knew I needed a house that was unappealing to others to be able to buy it and have it fit in our budget.

The type of the neighborhoods where his properties were located didn't fit in with my plan but he did well and the purchase costs were low.

Check with your broker and make sure this fits with your local laws.

@Lillian Pintaro mentioned Birmingham, which could be a good fit given that you’re looking for cash flow.

I'd think it would be a better fit for seniors. 

That will largely help to determine the right fit in the landlord market for someone with a portfolio. 

Again, I would say there is no one size fits all, as each have their own risks, i.e. floating rate has interest rate exposure (a rate cap is just a prepayment of that exposure and is temporary), but fixed rate has prepayment penalties.  

What does your fitness pattern look like? 

But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.