Buy where you intend to live, where you know the areas best.

If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially? 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

TurnKey, Buy-and-holds, flips, or maybe long-term rentals?

I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.

@Eric L Conry you are essentially borrowing on your property to buy stocks.

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

So, the chances of someone trying to find the TRUE below market deal in their “spare time” is not great.  40 years ago you could.

Investment Info:Condo buy & hold investment.First primary residence (2 bed/ 2 bath condo) located into a desirable part of Southern California.

Prohibiting a landlord from using criminal history prior to a conditional offer.We're seriously considering selling and buying in another state.