Common area with linked ensuites. tags: senior, elder, shared housing, tiny homes, student housing, small homes, affordable, 

You want to have your financial house in order so you know what you CAN afford and what you SHOULD spend.

Cash flow is hard to come by and I have considered looking elsewhere in more affordable states.

You might decide that you absolutely want to own your own residence there and I assume you can afford it since you already own properties elsewhere, likely in beautiful Hawaï.

@Tove FoxInvesting out-of-state can be a great way to tap into affordable markets with strong rental demand and solid returns.

For example do you have a great w2 and can you afford to cover costs of a major repair or 3 months of vacancy?

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

This would mean that generally the households in that area wouldn't be able to afford more than $1125 per month. 

Winter has gotten a whole lot milder for sure.