As others brought up living expenses that will change - one big factor that crossed my mind that wasn't mentioned was health care coverage - that expense will probably rise as you get older and may be something that you are getting from your FT jobs right now... so perhaps a bit more of a buffer of living expenses of 2800 and actual passive income of 2900 would be warranted to cover increased health care costs?  

As technology and automation have replaced many of those jobs, Evansville has remained relevant by shifting its economy more into healthcare and education.  

You and your colleagues are the backbone of health care, so thank you.I'm a DSCR broker (full disclosure).  

I am a healthcare worker with high income and credit score is currently 780.

I know more and more are suffering bad credit due to healthcare issues and although I want all my renters to be excellent at paying bills, I do understand that certain things can happen that you have absolutely no control over.

I know lots of people in the area that do great with this strategy, we attract ALOT of visitors from either the navy base, business, health care and/or tourism. 

I'm looking for an excellent accountant/CPA for my businesses which are in healthcare and online education programs.

Detroit proper can be a hard experience on the “first time investor” with ranging locations, city services, tougher to find contractors etc. might be best to get feet wet in an “easier” suburb.Metro Detroit (my entire rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

After the basic needs of food, water, and shelter; healthcare is not too far behind as a fundamental human need in the modern world.

I have no kids or spouse so I have to make sure I have enough money to afford home health care and housekeeping to avoid being shipped to the old folks home!