That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

Through the years he enjoyed positive cash flow with the last ten years cash flowing at about $17,500 annually.  

There are landlords who are proud to own properties while offering their communities a nice and safe place to live (and enjoying the benefits of having someone else pay for your appreciating asset).

@Candice Coates I actually co-host since I still live in CA for now

I haven't sold yet, I've been analyzing property to get a head start on the 45-day timeline of identifying the potential replacement property (and because I enjoy analyzing property). 

Let them know how much you enjoy living in the home and mention that you’re planning to buy your own property in 2025.

I would enjoy meeting other like minded investors in my area.  

I recommend you figure out what you want to do, then actually do it to see if you enjoy it, have some skills, etc.

With the prevalence of remote work policies, many people opted to leave affordable apartments living near work in and around metros to live an hour or two outside of their work location to get much more space for their money.