It would be ideal to get some sort of large study done on this.Furthermore, if you sold in a buyer's market, your thought may be skewed.If your portfolio was in a market that was declining in value.I am not saying that the above situations applied to you but it would be good to get a large study on this.Furthermore, if we are talking about more expensive homes being a better investment?

While running a large group of small landlords in Philly, i have visibility into the full realm of challenges that new investors face - and some are quite overwhelming and totally unexpected because they jumped in without fully understanding what they jumped into. 

Option 2 with second lender is, get an FHA loan at 3.5% and use the concession to buy discount points and bring a 6.2% interest rate down to a 5.4% permanent buy down, putting me at around $3,450.00 monthly PITI and also adding 8k to the top of the loan for mortgage insurance.

If you don't have that, keep earning, saving, and managing the risk you take by investing in REITs (which is small but risk still exists).If you already have at least $100k to invest, and you're wondering where to start as an OOS investor, I recommend this dataset that we at BiggerPockets put together specifically for people like you and me.https://www.biggerpockets.com/resources/housing-market-data/...It contains information like job growth, population growth, and rent-price ratio for all markets to compare and contrast.

Adding extra rooms for cash flow might seem like a no-brainer, but navigating the financing waters can indeed get choppy.

I’ve had a solid credit score over 800 for years but recently as I’ve added more mortgages it has dropped a little bit.

And if you're talking about very large properties, you can probably find $/SF stats by market.

If you are wanting to manage someone else's property and aren't even local to the property you aren't adding much value.

For large-scale commercial, the spreadsheet is more helpful.

So here is what I do:1 - Get buyer criteria for what they are looking for (exact criteria)2 - Go source that criteria using data provider3 - Scrub the list and plan a marketing campaign around it (i.e) > Direct Mail > Cold Call > SMS > Online Ads > Social Media, etc4 - Once I get inbound leads coming in.