There was positive population growth, medium home price growth, low unemployment, good rent to home ratios, and low crime, all of which are factors when I start looking into an area to invest in.  

The idea is the product of an ah-ha moment late Friday afternoon as I was scrambling to put the pieces of this puzzle back together.

The chances that you currently live in a city meeting all these criteria are low.

Most of those old houses with the upstairs ceiling rooms are just about 7 ft in the middle of the room but they go down to as low as 3 ft.

Here's an example: https://www.schlage.com/en/home/products/JDE265SUTFFFSTR.htm...

*Look for properties where you can gain immediate equity by buying at a low price.

@Alec Jacobs I have basic low/no fee business checking accounts.

It possible that the market will stay low for a long time.

Also, after a year, the mortgage hasn't been paid down by much, especially if it's a 30 year mortgage.The only challenge you may run into is if you purchased it using a low or no money down mortgage option like FHA or VA lending.

Thanks What loan product are you shopping for?