So infilling an income gap via people who can disappear just as easily as appear seems short sighted to me. 

You should be able to realize 3-5% pretty easily with that kind of money, so then it just comes down to how much work you want to do and how much income you need/want. 

The great thing about living in a high cost of living area is that your salary / wages are hopefully also very high.If you are a new college grad, I would focus the next 1-3 years on increasing your salary as much as possible(gain new skills, new certifications, change employers, etc).Once you make more money, you can easily get in a position to buy a property on a more frequent basis.Best of luck!

For example, many of the nicer ski towns around Colorado require first month, last month, plus the security deposit upon move-in which can easily amount to $7k+.

If you have $210,000, you can easily make 10% as a bridge/hard money lender in your local area.

This man’s contract was 100% fulfilled, with this being a wholesale deal we could have easily walked away but we provided him a service John you seem to be upset because the house wasn’t exactly how you wanted it?

A Boston-area guy with two evictions and two pitbulls is not going to find another place to rent easily, and he knows it.

This is a little big for him but he’s looking at $12002 bedrooms but could easily transition to Mt Vernon (disabled vet no pets)Curious how you measure cash flow?

You could easily spend a lot of capital to start with something else but doing the house hack gets you started and your feet wet.

But in smart buying, if someone has enough cash to pay cash for a property, they could easily stash a good chunk of that away to cover downed months and still leverage to increase the overall returns on their portfolio.