Quote from @Kornelius Friske: We have a STR located in peoria AZ. it's 6 beds (garage conversion) and about 3900 sq ft in total. our energy bill last month was $450 and has been hovering in the $350-$450 range since we went live in august.

From there if no one objects, the city will give you a conditional use permit.

You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.

Hudson Valley and Catskill Mountain areas span multiple counties, and rentals have a wide range of pricing, depending on what people are looking for.

@Gil CanfuWith a $300k price range, you're definitely in a good position to find some solid investment opportunities in the North Texas market.

.; Brookwood is a great school district so the property can attract families/renters; Smyrna is the area in Marietta that has properties within my price range. 

Couple listing options: range pricing, new photos, cancel and re-list, and stage the property. 

And your net worth will thank you.If you still want to go ahead, you'd be better off buying a house than an apartment because, while the value of the building itself will go to 0, you'll still have the value of the land, bearing in mind that the land might actually lose value too given the depopulation and the yen depreciation.Sorry if I'm pooping a party but make sure you understand what you're getting into (which you're already doing by asking the forum) and then make the decision that's right for you according to your objectives.

Even so, we might not qualify for a house/cottage in the 200k-300k range. 

@Fulati PaerhatiYou can find deals across the Midwest in that price range.