Many benefits to doing so. 2) If you are going to invest outside your area, the one thing I rarely see mentioned here is simply the "investment landscape".

. $150 cash flow on any rental especially a triplex is dangerzone imo. 1 month of vacancy of 1 unit could destroy a years worth of financial gains.  

Hello @Timothy Hilario,I think there are benefits to both strategies.If you move out of your apartment and rent it as a mid-term rental, you could see decent cashflow without pulling equity out of the unit.

Be ready to explain the benefits and address concerns confidently.

In that case, you’re living for $2,000 a month—while building equity in the home, benefiting from potential appreciation, and taking advantage of valuable tax write-offs!

And it has been gaining recognition as a vibrant, desirable place to live, especially for younger professionals and first-time buyers. 

If the market continues to appreciate, holding the property could yield more long-term equity gains.

Columbus is a strong option where you can find properties with favorable rent-to-price ratios for cash flow, while also benefiting from business expansion and population growth that drive long-term appreciation. 

Use tax benefits like depreciation, repair deductions, and tax-free refinance proceeds to offset income, and consider an LLC for liability protection.

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market.