Hi Peter, I’m a little North of there in East Orange.

To the south is Mexico, to the west is the Pacific Ocean, to the north is Camp Pendleton then OC, to the east it quickly gets harsh.  

People kill their baby money soldiers too soon, and they kill them by spending them on luxuries, like you describe.To me, it comes down to mindsets, the poor, the middle class and the wealthy mindset.

Each piece is a pricing add.Location, unit type/number/style/mid rise/single story, mortgage middle FICO, Down payment percent, prepay type, 3 points - no points, market rents, property good to perfect condition, rented at close with verification, reserves, vesting is real person or single LLC are the pieces that deliver a rate at a moment in time.

We are in the north east where it’s very expensive right now and have done some research on other markets.

I live and invest in the East Bay Area, CA. 

That way, they are not completely taken by surprise or blame you when the temps drop and suddenly there's a pipe burst in the middle of Christmas Day.

Far better than anything you could have done in a stock fund or just about any other real estate investment.As someone who once had 83 sfh rentals in middle class american towns here in illinois, these str's here are without a doubt far better investments.

I just got 1700 for a 4 br in Lee Harvard, and 900 for a 1 br in East Cleveland, All the best 

Without knowing the nuances and potential re-districting for each level (elementary, middle, and high school), it's going to be really difficult for you to invest wisely.