It’s awesome to see a veteran in the mix (I'm still active-duty, will be transitioning in a few months).

Areas like Georgian Acres to Gracywood are in demand, offering a mix of affordability and growth potential.

Apartment demand in the Phoenix area is high, the demand far exceeds supply at least for the product mix I have under management.

I have read extensively on this site about coin op vs non coin op and the opinions are decidedly mixed.

At closing a Note was issued and a Mortgage/Deed of Trust were issued showing the Borrower (Investor's) indebtedness to me, with a Mortgage/Deed of Trust showing my rights as Lender over the Borrower's property.I have received mixed recommendations on this topic and am looking for guidance that is consistent.Specifically, I lent money and had the investor/borrower/property owner place me as "Mortgagee" on their property's insurance policy.

You could also diversify your properties with a mix of long- and short-term rentals.Increase your income: The more you earn, the easier it will be to increase your net worth.

This is because it was poorly converted, improperly done, "patched up" over time, and might have mixed up mechanicals etc.

Hey Mohit, When doing research on potential areas to invest in, I would first decide whether you want appreciation, cashflow, or a mix of both.

I considered syndications which invest in car washes, self storage, multi-units and real estate debt funds but to be more passive but I've heard mixed reviews about syndications. 

With over 20 years in the game here and having helped tons of out-of-state investors find the perfect mix of vacation home and rental property, I can tell you it’s totally doable with your budget.