Quote from @V.G Jason: Brandon Turner's advice is old, outdated, and for the most part not relative to today's market.

I'll add to what @Sergey Tkachev has posted, with links to the meetup pages for these events.Here is a list of meetups that we're in collaboration with (they are all based on an abundance mindset that we have here on BP)- 1st Tuesday - REI Connect @ Roseville Meetup (reach out to @Nicole Masters) Meetup Link - 3rd Wednesday - Investor Mixer @ Crawdads on the River and sometimes @ Barwest Midtown.

I agree with the majority: the wisest move is to live in an affordable market where your dollar will go 3x as far.I didn't give any advice, I just laid out a viewpoint.To address your point, does it matter how much the PITI is, or how much the PITI is relative to the property income?

The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.

Greetings all,I'm still a relatively new investor but looking to diversify my investing strategies.

I have this theory that basically the stock market can grow faster than the fundamentals more so than housing, reason being when people put money into their 401k or whatever they are just throwing money in, not looking at p/e or whatever, the stock market is in part just an index of Americans excess savings plus it’s a unstated policy of the government that stocks go up, where as housing people are obviously very very aware of how much thier monthly payments is/ how much rent is, plus it seems that is actually a push to lower housing prices at least relative to inflation.

In this case, anticipate the LLC that owns the real estate to be listed as a defendant alongside the Builder in the event of a construction related liability incident. 

We're all about building trust and good relations here.

The main property will be my primary residence.My biggest question is, what kind of foundation would you use, (that is to code and will pass inspection/permits in Charlottesville) that is either relatively easy DIY or cheap to outsource.

It’s a bit of a tangled web, but if you need more info on it, do your research first, and then you can contact me to help you sort out the current rules. 3) The tax benefits are severely hampered if you there is any money from your original property that doesn’t get spent on the replacement property, so it’s best to purchase a more expensive one to avoid losing those benefits.4) It is imperative that you do not receive any money directly from the sale of the original investment property.