Not everyone wants the big complex amenities (and inconveniences), and we aim for the people who would rather save a few bucks than live in a complex with lots of amenities.We know we aren't going to compete with the fancy complexes with all the upgrades and amenities, so we don't pretend to be comparable and we don't ask the same rent as them.

I know to stay away from the real rundown areas which should be easy to identify and I will probably be using some kind of consultant to pick an area to live in, nothing fancy or terribly expensive just some place clean and safe enough to live and work from.

Nothing fancy, typical house for the neighborhood with hardwoods, fireplace, etc.

Do the curb appeal , to get the buyer thru the door , basement can be dressed up just by painting the walls and ceiling white and the floor gray . clean and neat.

So with a total down payment of about $7000 , my monthly mortgage payments come out to just over $1000 (my sister-in-law spent more on her wedding dress). 3 weeks after closing, I found  a couple to live in the second bedroom of the condo and I now pay just over $300 a month with my HOA fees included.I am now approaching a year in my condo with the same tenants and have to say I am happy with my decision.

I need @Brandon Turner to come up with a fancy term or name (like his BRRRR) for this strategy.

In Miami you see people driving the most suped up cars (which they lease) and living in fancy condos (which they rent) and have no savings or assets.

I love that dress at the end (such a great color on you) and your lighter hair color is gorgeous and really brings out the blue in your eyes.

I´ve seen some nice condo communities in Tampa offering these rates and the yields are low because of all the fancy amenities that have to be maintained by the HOA.

Nothing fancy, but I do what works.