Just joking.....Back to my initial "theory" that Bay Area is better choice than out of state D class, below are some examples that I think will appreciate handsomely...SFH in Redwood city at $675Khttps://www.ziprealty.com/property/3624-PAGE-ST-RE...Brand New SFH home by KB home for $600K ish...http://www.kbhome.com/new-homes-bay-area/eden-coveHayes Valley studio in San Francisco for $499Khttps://www.ziprealty.com/property/150-PAGE-ST-_UN...All these will be negative cash flow of $300 to $500 a month for a good 5 years, but you will get LOTS of appreciation....I think

Cash invested: $15,000 Renovated a commercial property close to college campus for a podcast/youtube studio.

Listening to the Audio book of The Book on Managing Rental Properties.

you can likely buy a small multi in a great neighborhood and (i'm making this up) if it has a 4 BR and a studio, you live in the studio and rent out the 4 BR.

A good starting point would be a 10% 2nd home loan or an owner occupied 5% loan where you can convert a basement or studio into a simple 1 bedroom unit and basically let your guests pay your mortgage. 

Fair I thought.They gave me two bags, with some books and audios to read/listen to at home as my "homework" before the workshops.

I met with three different realtors and finally decided on what is essentially a large studio with sunken living room and a loft with ladder steps up to it so it could possibly sleep six if I purchase a pullout couch. 

.$49 Ring Video Doorbell - https://www.amazon.com/Ring-Video-Doorbell-Venetian-Bronze-2...Kinda the standard for basic video/audio. $59.99 Keurig K-Mini single serve coffee maker - https://www.amazon.com/Keurig-K-Mini-Single-Serve-Coffee/dp/...Great for a second coffee space.

Quote from @Connor Kline: I have interest in a multi family property that is made up of loft studio apartments, all roughly 550 sqft.

Just yesterday I finished your book (on audio).