I’d dig into this a bit more.Another assumption that stood out to me as potentially problematic is the 6% income growth and only 3% expense growth.

The case study illustrates the potential for exponential growth through house flipping by reinvesting profits. 

I have a close friend who constantly drives up to the white mountains so can definitely understand the draw.

Instead of paying into someone else’s property, you could be using that allowance to finance your own real estate investment.In Germany, you have access to a stable market with long-term growth potential, and U.S. service members and government civilians have unique advantages here.

Jasper - the Pat Aboukhaled investor teamTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Logistically, Philly is about 20 min drive, closest shore point is about an 1 hr 30 min away, DE is about 30-45 min and NY is less than 2 hrs.

Don't let tax implications drive investment decisions.

Are there pockets of growth or opportunities in the area?

Focus on buying below market value, running numbers first (cash flow, 1% rule), and choosing a landlord-friendly location with job growth.

Is it as simple as driving around and figuring it out?