Those neighborhoods have been popular  because they offer a decent balance between purchase price and rent potential.

You can typically borrow half of your 401k balance as a loan as long as you are working for that company still. 

People have used roomies.cm and TurboTenant also to achieve succcess.. hope that helps!!

For example, a high-cost market like California may be balanced by a more affordable, growing market like Alabama.2.

You can even create a balance sheet if you want to get crazy.I definitely recommend scanning all of your documents associated with the rental using a free app like Genius Scan and get those into some sort of digital document management platform such as Google Drive, Dropbox, etc.

Once you do address that, I agree you'l be able to achieve your goal.

However, it does demand solid digital marketing expertise to achieve positive results.

If rents don't outpace inflation, you can't achieve financial freedom—no matter how many properties you own.For example, let's say you buy property in a city where rents increase by 2% annually, while inflation averages 4% per year.

You must make payment back at prime + 1%, and if you miss payments the balance is distributed, which can have severe tax consequences and penalties.

- Why can't you buy now and use savings to pay down your mortgage balance to get rid or PMI?