Twenty years ago, Kenosha had a lot lower crime rate, but now, I think it evening out.  

Twenty-five years ago, my wife and I bought our first home in Marin for mid-$400K. 

I know that I failed to ask myself these questions when I was twenty, but 40 years later I know the pitfalls of renting a non-conforming room and would never do it.

. ;-) I've been doing these for over twenty years.

Being a poor landlord I didn't even consider that people might be renting out houses that are twenty years newer than both my rental and my own home.I believe that any unit first occupied for residential purposes in November 1991 or later are not rent controlled.

This bumps my average IRR at exit up into the high teens and often mid twenties for shorter term (under 5 yr) value-add holds.If not borrowing though, I'd stick to mutual funds. 

I am in my early twenties, just moved to Dallas from Houston, and I am saving for my first property.I am not sure about what this first property should be, so I wanted to get the opinion of other people in the area.

and the reason for one mil is having less interest rate is becoz statisticaly speaking, our area pricing is actually distributed to the upward position, meaning if you see 1 mil area with 50 houses, the 40 houses are actually purchased with price of 200-400k some ten to twenty years ago, while the last ten houses are bought by new buyer that has higher buying power.

We have absolutely no access to that sort of low-priced window work here in western Pennsylvania.It's worth nothing that J Scott's books on flipping and estimating regabs come out of his experiences doing lipstick flips on 90's-built SFR in the Atlanta area only twenty or so years later.

Twenty years later, City of Decatur is pretty desirable now.