@Shiloh Lundahl Its possible if he's going to be doing business activities (like wholesaling or being an active agent, as I said in my post) but if he's looking for an investment vehicle to double or triple in one year, I think thats a stretch and more risk than its worth. 

Cost of living differences are mostly due to housing and a few other things: not everything costs twice as much in California as it does in my town, so the leftover income isn't quite so stretched. 

@JD Randall @JD Randall 25k was down payment, interior paint, carpet stretch and clean then a/c service.

@Young Hwang doesn’t exist in A/B class in Phoenix. 200k would be a stretch

Lack of good solid deals make folks have to stretch the numbers or present good deals to others.

Linda D. if you have a personal mortgage and student loan, you are by no stretch debt free.

Summer is almost over, so if you can stretch this a couple weeks you'll be fine.

Depending on your situation, choosing either is "correct".To put it in practical terms, if you needed to pay $8,000 for a bathroom remodel today, how valuable is the $132.15 per month stretched out over ten years?

This might be stretching it a bit, but that's the result when sticking to the wording used, wouldn't you agree?

Hi BP Community,I'm looking for a good area to buy and hold SFR properties, here's my criteria:The area is growing: jobs are being created within the region, people are moving in, multiple employers in the area;Landlord Friendly: so far, my research points me to these four states: TX, FL, AZ and IN, I'm happy to learn more;Good cash flow: the net cash flow, after deducting all expenses and costs should be at least a couple hundred dollars positive per month if not more, this number could be moved around depending on the location;Appreciation: I know this can hardly be achieved along with good cash flow, but a stretch for it is ideal!