If you don't know real estate, this would be the same for  you if you just want to invest, not wanting to do the work nor learn nor wanting to do option 1. excellent post Ke Nan, couldn't agree more, and Chris, if y'all are working full time, then may be most efficient to maximize your W2 earnings as you are, then plough the savings into Real Estate syndications to get many of the same tax benefits you would get from direct real estate ownership but without all the time investment of dealing with tenants/toilets/and termites etc.

Most will take the value of the land as part or all of the cash/equity/downpayment. 

Hey Cedric, since you're looking to invest out-of-state, you should take a closer look at Cleveland and Columbus OH for excellent investment opportunities.

Excellent service and I highly recommend!

For that excellent location with average finishes, we can still charge around 5% over market averages. 

If you're comfortable with a long-term horizon, both real estate and stocks can be excellent vehicles for wealth growth.Active vs.

The backstory or all this other nonsense that people talk about.

If it’s truly a 5 min walk to the beach and in a good area and has a very nice setup and excellent property management then maybe $45k.

There are some excellent cash flow markets in the SE.

The subdivision goes from 150k to 1 million in price.If your friend owns other properties that are trophies I would definitely cross-collateralize some or all of his other properties and get a personal guarantee.