If you feel adventurous, you can try to get a over/under duplex. https://www.realtor.com/reales...

You've got to get down below $25K per apartment for that sort of fun real estate buying adventure.

Priced too high, rents are too low and investors do not want to gamble loosing a tenant right away, the leases are wonky or maybe there are bigger issues (Estate, Something wrong with the property etc).  

.**3**the "plan" was to wait until spring 2022 to purchase the next adventure(seems as all my tenants are on M2M  i cannot use the rental income until it hits my Sch E, so had planned to wait until after taxes)but i never stop looking and found a duplex in the next town over (Racine, WI)Another over/under Duplex ~ 1,000 sq/ft per floorLaundry/storage in basement, small garage as listed tenants were paying $675/$69525% down as it  is an investment on $150KPITI+water is ~$900/mo  gross rent is now $1695/mo and still has  room to grow.

Excited to embark on this new adventure and contribute to the BiggerPockets community!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $460,000

Cash invested: $40,000

Purchased this home for personal use and a short term vacation rental

What...

It's been quite an adventure in just a short week. 

Appreciation is a bit of a gamble, can swing wildly up or down, and doesn't pay off until you sell the property.

Looking to continue the adventure to replace income as we head toward retirement. 

If you use $40k to take a trip to Vegas and gamble your money away, then I would go with $300/mo.