I think $10k/mo is good money, other people live in expensive areas or have higher taxes and need $20k.

Thank you for your feedback, I will definitely look into Facebook and I live on YouTube lol everything I watch is on REI and now GC.

I'd buy where you live (within an hour or so) for your 1st investment!

What adds complexity to our plan, is that we live in Minnesota.

Determine Your BudgetSet a Realistic Budget: Consider the cost of tuition, living expenses, and your financial situation.Mortgage vs.

It wasn't fun living an hour and a half from work and play, but absolutely worth it.If one is starting with relatively low living expenses, cash flow can be extremely powerful towards reaching financial freedom.

Quote from @Ryan Moyer: Quote from @Nick Velez: Hey Anthony,I have a few STR's in Gainesville and have lived here for about 7 years now and know several people with STR's as well.

Quote from @Keyshawn Johnson: Hi BiggerPockets Community,I’m currently living in Italy but will be moving to Florida soon, specifically to the Destin area.

I'm from Newburyport and lived in Seaport for a while.

I would probably work with an attorney in North Carolina (or wherever you live) to do some estate planning since you do have young kids.