While showing one of the newly vacated units to a potential renter, he informed me that he was displaced because of the hurricanes, and that FEMA was providing him with assistance for moving, including paying his security deposit, rent, and moving costs.

Quote from @Celine Li: Hi everyone,My name is Celine, and I live in Los Angeles.

Good afternoon,I am seeking help obtaining market data to calculate the cost of living and estimate rental expenses in the US. 

I'm also considering a separate living room space or maybe some kind of artist studio. 

As I spoke to an expert who invests all over the US in sober living, he told me the best way was to find treatment centers nearby the area you want to invest.

I don't care what anyone online says if you live there and have tenants at your home it will be a job. 

I have a client house hacking in Hoboken who bought for a bit over $1.3m - they live in the top duplex 2/1.1 and rent the bottom duplex 2/1.1 as an MTR now and probably will make 4k/month.

He was just an unemployed alcoholic living off the government teat, ruining one rental after another.Smells like money.

For instance, someone making $500k a year and living in a very highly appreciating market might be extremely happy on a deal that loses $200 a month but is getting 5% appreciation on a 2 million dollar property in San Diego, butut that doesn't make sense for the investor with 30k and a lower paying job.When it comes to the book series I agree with you that the order doesn't make sense (having read both).

If you lived in the property you can sell it to capture the equity without paying taxes on those gains.