Just remember there are less people that can afford the 1 million dollar plus houses than can afford the $300 to $400 thousand dollar houses .

This is a growing trend in rentals to increase cash flow and help your community with affordable housing! 

Or would you be open to other areas not mentioned that may be more affordable? 

If you can't afford a system, then partner with someone that does.5.

Most people cant afford that alone which means a syndicate or getting PMLs involved and doing the synd yourself. there's nothing wrong with starting with some smaller properties.

Quote from @Jerem Kaawaloa: I have spent the past 20 years working in health care and have only ever purchased properties for my own use, including a home and office.

We don't pay attention much to the national average, we focus on the affordable markets in Florida that are experiencing growth and we stay out of higher priced areas like Tampa, Miami, and Orlando.

Instead:401(k) loans: They’re low-interest, and you’re paying yourself back.Roth rollovers If you can afford the taxes now, this gives future flexibility.Creative financing: I’ve seen clients leverage partnerships or seller financing to limit retirement fund withdrawals.One thing to consider: real estate markets today are vastly different from a decade ago.. so opportunities may require extra creativity.Have you looked into specific deals yet?

I plan to leave them enough that they can afford to buy a house or start a nest egg, but I am not leaving large sums to them.

While it may possible in older homes, water damage is still a concern and raises health concerns.