Before you make any other moves, do all the repairs and cap ex on this property while you have the equity so when you get something else this one is cap ex free barring something crazy.

Here are some details;Purchased: 131k in 2014 Occupied the home until a little over 1 year ago, my ex currently lives there.

I am also an ex-pat living overseas right now but I'm also looking to make some investments.

Note owner occupied does not have vacancy, unit turnover costs, and typically has lower maintenance and cap ex costs.

We all know the playbook....teach novice investors how to buy in C/D locations where the cash flow appears higher despite the operating expenses and cap ex being disproportionately greater than better situated real estate.

(I'm looking into following the million in net worth plan from the book)When buying a property for a low value ex: a duplex in Cisco TX for 95k and probably cheaper.

(I'm looking into following the million in net worth plan from the book)When buying a property for a low value ex: a duplex in Cisco TX for 95k and probably cheaper.

This is an on market deal.Purchase price: $170,000Downpayment: 20% (34,000)PITI: $955Maint/Cap ex/Vac: $270Gross rent: $1800Cash flow: $1800-$1225=$575

Purchase price: $170,000Downpayment: 20% (34,000)PITI: $955Maint/Cap ex/Vac: $270Gross rent: $1800Cash flow: $1800-$1225=$575

Repeat this strategy every couple years.If you really don't want to buy a primary residence and instead you want to buy an investment property then I would recommend a new build in Casa Grande for under $300k, this will require a 25% down payment and buying the rate down a little to break even on cash flow, but will be a very easy first rental property as it will be brand new and will not require any cap ex for many years and by the time it does require cap ex you will have raised the rent and gained enough equity to do a cash out refinance.