Hello BP members: I am a recent transplant to Austin, Texas area and lived 18 yrs in SF Bay area.

I thought I'd reach out to the BP group to see if anyone has attended the above mentioned event and if so did they provide any good information?I've been to free events that had good information but most have been a c...

What if you could live rent free or cash flowing while you live in your home? 

We're also projected to be the #1 rental growth market in the nation with 10% growth this year, and 8.5% growth next year.A large part of the reason for this is the massive migration of Bay Area transplants who are looking for more affordable living.

As transplanted Arkansas, we didn't live the history of these neighborhoods, but we love these beautiful historic homes.

CNBC reported in their recent report The 15 Cities Where You Can Live Really Well on $60,000, Oklahoma City was No. 13WalletHub's 2017 Best Cities For Jobs, has No. 40 Tulsa, and No. 75 Oklahoma City

Competing offers are the norm in many market segments and owner-occupants of the standard 3/2 in a decent neighborhood are routinely outbid by cash buyers (either investors or bay area transplants).What can cause that situation to change?

I recently purchased a condo in Denver, and I already have some options to make some more moves, but I am curious what the experienced investors would have to saySome facts to help:Mortgage: 198k, 1,500 Per month with HOA, 5% interest rateIncome: 50k per year, 2nd room rents for $900 Per monthOptions:1) Continue to live in the condo, rent out the room for $900, work, get up the corporate ladder to get a bigger income hopefully.2) Move to Phoenix to either stay corporate or teach with summers wide open to make more cash/develop skill to help manage properties, with opportunity to live rent free, rent out my whole condo in denver, income stays at $50k with potential upside of ~60kI feel like either way moving out to phoenix is the better option, are there any numbers I am leaving out to consider?

My parents have been through many problems in the past several years - from a kidney transplant, to heart attack, and more, my folks have always paid their rent on time, but their other bills have suffered.  

My other (less ambitious/exciting) option is to purchase a duplex and rent out one half of it to essentially live rent free, which would allow me to save a lot of my cash, and perhaps acquire a second one after a year.