By rehabbing it we have created a nice home in a very desirable location, boosting its value.

I'm wondering if anyone has sacrificed by moving out of a high cost of living area to a more affordable market to help boost their investing? 

He owns 30 properties but its in a market 2 hrs north and heavily influenced by manufacturing (Fiat Chrysler, GM, and Haynes International Steel).

@Agyei Axum i have been renting by the room for the last 7 years. that is actually all that i do. i would strongly suggest doing that in your case to boost cash flow in your expensive market. i would find comparables in order to price effectively.

I like how you are using instant equity as both an easy way to boost your net worth and as an exit strategy.

According to RS Means national pricing list, Alabama is close to the National Average if not a little cheaper.There are also a number of factors that can influence costs, but the pricing assumes a 3 bed, 2 bath 1,500sf average grade rehab. 

I would put it on the market, boost a 720+ FICO & build a LLC with A/B credit and get ready to use the town proceeds to put down on your 1st CRE deal you are comfortable with.

They both boost lead generation with a small fee to get in but a several hundred dollars for setup not including the cost of each of your marketing campaigns (especially if you are using mail).

I LOVE personal properties becasue they are amazing at boosting leverage.

For my wife and I the key frugality has been:-we drive inexpensive cars (Yaris, Escape, both older and used)-RARELY eat out at restaurants-one vacation per year- and it's camping within a day's drive from home (and we already have the gear)-small affordable home (bought in 2012 at the bottom of the market- that was just lucky timing)-0 use of credit cards-and hard work to boost earnings That last one isn't so much frugality- but has been the biggest key to saving for us.