It was too easy to make money in STRs and MTRs over the last several years but as we return to a more normal environment that's no longer the case.

So my question is, considering the environment and my situation, how should I determine whether a property would be a decent deal? 

Last thought is that the foreclosure might have competition or might be able to work a deal, depending on your local environment.  

Someone with a small stake, that will let you run the show, but gives you some operating capital.What I'd add here is that no one is talking about the landlord environment in CA.

Problem I have with that is there are no other shutters on my house and the green ick that sometimes appears on Hardiplank in Houston’s humid environment that has to be power washed or JoMaxed off. 

Saving more for a better area might seem slower, but trust me, the peace of mind and better quality tenants make it worth it.

Hey Nathan, I just Joined as well and I am interested in mutually navigating an environment that is new to both of us.

These factors make it an attractive option for your investment criteria, balancing cash flow and appreciation prospects in a stable economic environment.

When planning for retirement with rental property, it's essential to consider your long-term goals and peace of mind.

I am strongly considering it for the peace of mind.