You can pick up houses cheap in the area but there is not a lot of appreciation.

@Rolayne Taylor We are just alike I started in 2019 with my first house hack.

I missed a lot of flaws in that house and I had some painful years as a result.  

Meaning you can sell an apartment and purchase an office building and it's a valid exchange. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $785,000

Cash invested: $156,000

Short term vacation rental in Panama City Beach. New construction, fully decked ou...

As there are Californians still moving here, the vast majority are instead picking the states with low or no state income tax like Texas, Florida, or Tennessee.Although we still have a positive influx of people moving here, more people have been leaving due to rising housing costs in recent years.To put it in perspective, we saw around +45k in the 2010's.Overall, CO is basically a balanced net migration in recent years which is likely to keep home prices steady....

The vast majority of your wealth gain in real estate will be by holding properties long term and the appreciation/principal paydown will slowly but surely help you become wealthy.For 90% plus of people out there who are looking to start, house hacking is the best way to go.

I have long form articles on both this Fair Housing law with section 8 and the scam tenants with fake info on our website.  

I would be willing to share mine as well including the sheet I built to calculate where your offer needs to be on a house hack for it to make sense.

Ended up calling the Jersey City Division of Housing Preservation and in essence the entire home has to be in good order even if certain parts aren't accessible to guests.