If you are in an inexpensive area that is growing, you can often get both cash flow AND great appreciation.With that in mind, I thought it worth sharing this fresh US Census data.

This house is conveniently located near coffee shops, dry cleaners, playgrounds, sit-down restaurants, art galleries, scenic Shawnee Park, the Shawnee Golf Course, Kroger grocery store, banks, museums.

That sets up a more feasible goal for my first investment, while allowing my to store funds both for cap ex and also that second investment.

I'm a co-host for medium term rentals and I pay my employees per hour for tasks like driving from one of the homes to the store, shopping for parts, etc. so I could see where the PM gets the charges.

A bottle of water can be $.50 at the grocery store, $1.50 at the gas station, $2.50 at the gym, $3.00 at the movies and $6.00 on the plane… the same is true for real estate.

Remember, your expenses will likely be low the first couple years if the place is freshly rehabbed, but it won't stay that way. 

@Khalid Bryan another option if not affordable rental properties is if you would like to try the BRRR method I would look for properties that are not moving ready or maybe the condition prevents them for qualifying for an FHA loan or low down conventional loan, and do the necessary repairs to make it safe to live in clean and fresh.

People would pay 20% PER MONTH, 240% annual, on a ring or jewelry that they have to leave at the store.

All major stores like Costco, Walmart, Kroger, Dollar General, Dollar Tree, Lowe's, Home Depot, and Aldi are in a 2 to 3-mile radius.

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