Houses are cheaper in AR than in Texas and so is the property tax.

You want to make sure it will not be a taxable event.

You want an LLC for ease of administration, trusts are kind of annoying as they can act as their own taxable vehicles as opposed to single-member or pass-through entities that an LLC can provide.

There are many long-term rentals, and rents are relatively cheaper here but considering the current interest rate market I am not sure how well they're performing.

You want to find a price per unit significantly cheaper than the pricer per unit relative to the area.

You want the flexibility to access your money sooner.4) Tax Benefits from Real Estate: When you invest in real estate, you can take advantage of depreciation and losses to reduce your taxable income today.

Single-family houses have a cheaper initial investment and cash flow, but they are also more likely to be vacant.

If you work remotely maybe look at relocating to a cheaper city like Columbus or Cleveland where the cost of living is lower so you can save up more faster to invest. 

Yes, housing is cheaper but we found groceries were about the same, eating out was roughly the same (although we don't do it too often anyway), car insurance was higher, home insurance was about the same if not higher in MI, and property taxes on my $460k Michigan home were the same as I now pay on my $740k CA home.Overall, if you can make this work I like the idea of it.

Payment is $450 cheaper ($4400 PITI v $3990 PITI).This is a house hack where the tenant is paying $2100 in Y1 with rent scheduled to increase to $2200.This HH is on a VA loan and I’d like to refi into a conventional loan eventually to reuse my benefits.