i grew up 3 hours north of milwaukee, but migrated west. the fact you're choosing to invest in income producing RE (vs say a cool sports car), is certainly what will get you closer to your goals more quickly.my 2 pennies...SFH vs multifamily: could be debated either way.

I want to feel safe when I walk out of the car. I

Her car is worth maybe $1500.

I want to focus on properties in the areas surrounding Raleigh (Apex, Cary etc.)But if an opportunity for a deal presents itself, I'll look into other areas across the state.

The value of a car is primarily determined by the year, make and model.

Thanks,Cary

I feel your pain @Cary Plotkin. 

@Cary Ferguson Jr @Ian Walsh your words are so true!  

This reminds me of the debate of buying vs leasing a car. I

It is better to have several less expensive properties bringing in income while one is out of commission than to risk having a single expensive property out of commission.One can certainly go broke with a bad rental purchase but I think flipping caries a greater risk.