I am an out of state Investor and I know a lot of you live and invest in St.

I went owner occupied either conventional or FHA.  3-5% down at the time you only had to live there 1 year and then you can move out or move on. 

You can also do a live in flip where you use the equity to sell and reinvest down the road.

Use tools like the VA loan for house hacking and your Basic Allowance for Housing (BAH) to cover living costs while building equity.

But this was an awesome opportunity for me because this is my first living situation where I will be on my own (and getting used to paying a rent/mortgage) but this will put my overall mortgage on a 400k house at roughly $2000 a month for the first year!

After 25 months, If they can prove that they lived in the property for two of the past five years, they can sell it as an owner-occupied residence.

I live around Huntsville, the epicenter of northern Alabama.

Hi All, I have an investment property in NJ that was my second home when I lived in PA.

@Isaac TerryIn terms of it being worthwhile, just like most other markets out of state if the barrier or entry is too high where you live, the landlord laws are not favorable where you live, and you are looking for positive cashflow then Cleveland can be a good option.

I buy and hold and do short term rentals and mid term rentals.Located in Racine Wisconsin  Hello Gabriel: I also live in Racine County there are some great deals our way and including southern milwaukee county too!