Masters is obviously more expensive, but if you could get it from a less renowned place (USNH has an online accounting master's degree, for example) you may see a large amount of the benefits for a fraction of the cost, opening up the rest of your budget for real estate investing.

If you fly over the massive Bay Area followed by a Milwaukee area flyover, you'd see that Milwaukee is a fairly good sized city, but just a fraction of the size of the Bay Area!

And on the positive, I retain a construction crew and I can get that repaired for a fraction of what your contractor will potentially charge. 

That $200 pet deposit and $25 rent will not even cover a fraction of potential damage from a big dog.

That would get everything done that you want for a fraction of the price.

Mary Foster (no relation) is a principle in a firm in Bellevue and has been co-author of one of the definitive works on 1031.The same is true of TIC/fractional interest syndicators.  

I often see leases that were written by an attorney (probably expensive) that cover only a fraction of WLB, which are also inexpensive.

This is not a timeshare or fractional ownership model. 

Mortgage payments are at a historical all-time-high as a fraction of the median income.

In LA and so cal the rent to value ratios are fractional compared to many other states.If you're lucky you'll get .5% monthly rent to price ratio and in highly contested areas its not unusual to get .25-.35% in terms of monthly gross rents relative to asking sales price.example: 2300 2 bed room rent to purchase price of 625,000 = .368% RV ratioIn my experience you'll probably need a min of around .6-.7% RV ratio to break even with your maintenance, debt service, property management, etc.