If you have one of the older, turn of the century mid town houses, you are probably getting somewhere around 1600-2000 depending on the condition of the home, availability of a garage, etc.It is an older home, from the 40s I believe.

Right now just working on market knowledge in my college town.

In Central Jersey where the majority of our sales activity is, the towns vary widely in enforcement of this. 

Target Low Vacancy RatesChicago neighborhoods like Lakeview and West Town boast low vacancy rates, meaning fewer empty months.

Its already too many opportunities to fail if you are in the same town, on top of it daily.

Investors should keep an eye on its growing infrastructure and amenities.Huntersville: A family-friendly suburb with excellent schools and amenities, Huntersville is a solid choice for long-term appreciation.Davidson: A charming college town, Davidson offers steady appreciation and attracts higher-income tenants.Belmont: This small town near Charlotte offers more appreciation potential than cash flow, driven by its desirability and quaint atmosphere.Neighborhoods Offering Both Cash Flow & AppreciationConcord: A tricky yet rewarding market, Concord can provide both cash flow and appreciation.

He told me that he owned a couple large mobile home parks in town and that's what started everything for me.

If you go into Central or South Scottsdale (Old Town) $1M will buy you a smaller, older home, OR half of a big, remodeled home (as alot of the Arcadia and Old Town area are turning over old small homes to be big beautiful homes in the $2.5M range and higher).There are options.....for both buying and renting, that would work with your situation.By the way....it's 51 degrees in North Scottsdale right now where I live. 

@Ryan Pham The 60 freeway is also a pretty sharp divide in that area of town.

(I distinguish this from towns where you can do Airbnb but only because there's no law whatsoever.)