So, mathematically, you should continue to rent.However, for your longterm financial wellbeing, owning is better than renting and you build up equity and benefit from rent increases from owning investment property plus all the tax benefits you don't get from renting.I would look at buying a duplex in a market like Lansing, MI.

Hi Jagger-Great question.I am a fellow Michigander from Ann Arbor.Nothing against Maine but the Midwest has seen some of the strongest rent growth in the country.When I consult with my clients, if they don't have the budget for a market like Ann Arbor, I direct them to Lansing, MI.The cashflow is strong, the economy is stable, it is the State capital so there is always economic development creating new jobs, the price point is relatively affordable because the cost of living is lower there, and appreciation is predictably linear.I also advise investors to buy duplexes and up so you always have a rent check coming in most of the time if you have a vacancy.

I self-manage my 9 doors in Lansing MI from San Diego. 

Real Estate Broker for a very long time and have been investing out of state for the last 10 years, I also self manage my rental units in Lansing MI. 

I manage my own rentals that are in Lansing, MI. 

I'm looking at purchasing a small retail/office space between Lansing and Grand Rapids, Michigan.  

Hi Rafal,I have a number of rentals in Lansing, Mi. 

I am actually located in Lansing, MI but raised in Detroit and that is another area of my interest.

Hi, I'm looking at apartments near Waverly in Lansing and was wondering what type of neighborhood that is.  

Hello Everyone,In 2023 my wife and I made a goal of investing in rental property in our community of Lansing, MI.