That's how Swany did it, if his condos in Ohio not in San Diego, he couldn't later 1031 into apartments. the difficulty is to convert dead equity to cash flow.

At your price point, It would need to be the cheapest 4plex in town type of scenario in the low 200s, and you would be living in the ghetto, and likely end up with 3 sub par tenants that would drive you insane as a first time homeowner and first time landlord. 

But even Henderson is a highly planned out community with pockets of insanely high priced neighborhoods.  

We are applying for an ADU in San Mateo, ca. 640 sf 1 bed 1 ba.Just the permit will cost about 10 k, with all the green building, demo recycling, all kinds of bureaucracies.However, the added value is around $800/sf, or $400k ish.The actual building cost we estimate around 100k-130k.

And/or maybe we've found the one type of investing that @Jay Hinrichs has not done.I wish I knew what I now know about REI when I was volunteering in San Quentin state prison.... 

I am currently a public school teacher at a middle school in San Antonio.

I've put a fair amount into deciding what I want to purchase over the last couple of years and have just recently gotten myself into a position to pull the trigger so by normal standards the offer would be insane, but feeling so aside the numbers have to make since. 

In San Francisco rent went out of control.

Hi Jordan,We have a couple of properties in Scotland, a property in Maryland, a Duplex in Austin and would like to get a few Duplex's or SFH's in San Antonio.ThanksScott

Hello BP Community - What has been your experience with full-time furnished/vacation rentals in San Francisco vs. a regular long-term rental?