I'd love your insights on which cities you think are ideal for multi-family properties, especially in states with landlord-friendly regulations.

Ideally, I’d prefer to invest in my hometown, Tyler, TX, about 2 hrs from Dallas, because I’m more familiar with the best areas to invest in and real estate is much cheaper than DFW.

Thanks for all the great advice.Due to a growing family house hacking is not an ideal option for me.

@Sam GhiThe way to do infinite banking is with a mutual insurance company and securing max funded (ideally) whole life insurance policy(is).

So, ideally a 30yr track record with no investor losses across hundreds of deals is preferred, but in reality, for many people reading this, you will either get experience and long track record, OR impeccable, no investor loss track record.  

Ideally, I would be able to find a deal with a monthly rent to price ratio of 0.8% (for example, a 250k property that rents for 2k).

Also, justifies the quality of homes in Katy, Texas.Proximity to Houston: Because Katy is very close to Houston, one of the largest cities in Texas, Katy benefits from spillover economic growth, employment opportunities, and urban amenities, making it an ideal location for both residential and investment purposes.

Ideally I would want PM to find a new tenant for me but this has been really frustrating to the point that I am considering moving back so I don't lose too much money or get into any legal trouble in the process. 

A high yield or higher than average interest rate would be ideal but that is my main concern.Thanks

(I heard that 1% - 2% of the purchase price is ideal).Where does the earnest money go, when all is said and done?