I'm a Transplant ICU Nurse by trade, in a hospital downtown.

Do you get a lot of northern transplants such as myself?

On the one hand, you get to build equity with someone else's money, and as you already mentioned, basically live rent-free for as long as you live there.  

So 20 to 30 years go by, even if the appreciation of the houses matches inflation, he would've done 10 times better than someone did nothing.I done that, I live rent free, and rent covers a good part of my monthly expenses.

Also, when it comes to furnishing a place like that, I live really far away from both Colorado Springs and Fort Collins, do you know of any companies you can work with that specialize in furnishing AirBnB type properties? 

We are interested in Owner occupied rentals for many reasons, one of which is being able to live rent free.

Generally boils down if you are looking to live 'rent free' (e.g. 50% vacancy in Duplex) or you 'pay' market rent and income covers any mtg and hopefully some free cash flow that can be used to pay down faster (or in your pocket :).Oren

I have a couple of mentors locally who know what they are doing but I would like to run this idea by the forum for feedback:Current situation is that my wife and I live rent free (long story but we only pay utilities and this is a long term arrangement).

It just seems completely artificial to me, fueled by out-of-state transplants going to work in Plano, and low rates.All that said, I am still very new at this and I am probably missing various opportunities in DFW.

My hopes are to rent out the other 2-3 units and live rent free.