Look for manufacturers that can customize designs to include commercial space.Pole barn homes: Popular in rural areas, these can be an affordable option for a combined home/business structure.Location considerations:Zoning: Look for areas zoned for mixed-use or that allow home-based businesses.

There is no way I can afford to put that much down for every offer.

@Christian PenaHouse hacking in New Jersey, near NYC, offers affordable alternatives and high demand for rentals.

The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

As an agent we encourage buying over renting and buying what you can a afford when you can afford it.  

Talk to a bank so you know what you can afford. 

Financial FeasibilityBudget & Financing: Know how much you can afford, and get pre-approved for a mortgage.

If you can still afford to pay them at least 2.5-3 times what their normal rent/mo would be - it can work but you have to be able to keep them busy/fed at the same time. 

The city still has relatively affordable entry points, with most of the deals I'm doing falling in the $80k-$90k range and bringing in $1,200-$1,300 per month in rent.

More recently (last 5 years) we have branched out into developing manufactured homes on acre lots and have enjoyed entering the affordable housing market.