I'm old school. 

I wouldn't invest in an area just because you have a child going to school nearby.They will only be in school for a couple of years and then you have a rental 100%Who will be managing the property - Will it be you or will it be your child?

And then move into price points that meet or exceed the median price points for a given MSA  look for good schools etc. and do not buy in Gary at all is my personal view on this..

Consider factors like neighborhood, school districts, and proximity to amenities.Financing and Mortgage Considerations:Investment Property Mortgage: Understand that an investment property mortgage may have higher interest rates and require a larger down payment compared to a primary residence mortgage.Future Refinance: Consider the possibility of refinancing the property when you decide to move in, potentially lowering your interest rate and monthly payments.Loan Types: Look into loan types that might offer favorable terms for investment properties, such as conventional loans or FHA loans if the property meets the criteria.Rental Management:Long-Term vs.

All the kids go to school daily and there is an adult staff member in the house 24 / 7.Looking for any advice or things to consider before accepting this application.Thanks!! 

Values have stayed very steady in that area, with its proximity to Oviedo and Avalon on either side that have the great schools and shopping/family friendly retail. 

Terms negotiable.Why Shaker Heights Short answer: Purchased under 70% ARV-Reno, Duplex (two rents), desirable clean neighborhood, decent schools.

I have been saving since I was 14 years old, and I am on Track to buy my first Duplex (house hack) while still being a senior in high school with my Parents cosign, I turn 18 In a few months.

 If I could go all the way back to the years when I was fresh out of college and start over knowing what I know now, I would actually go to grad school then start a career in a field that I enjoy working in that also pays well. 

Nothing magic just took cues from how mortgages are done.