To put all of this in context, I always knew that wealth in real estate was built more on appreciation as evidenced by coastal California, Seattle, NYC, etc.  

DSCR generally requires low documentation, no tax returns or W2's, and you can put all of your investment properties in separate LLC's to protect your other assets.Let's connect 

If you're starting early - say in your 20's - and have a job you like that has potential to make a reasonable income, you really don't have to do anything more than literally buy some decent quality homes and keep them rented, and it can be even easier if you just get a good PM and turn it over to them.

I told all the investor buyers to pound sand.

I was renovated somewhere in the late 1980’s and re-zoned to Residential.

But if you decide to sell then you need to make sure you're dotting "i"s and crossing "t"s. 

Soft sand warm waters..

I live in a coastal market so perhaps everything in the Midwest seems reasonable to me, but I have never felt overcharged.  

As an investment, you would do much better with a short-term rental but you need to check the latest regulations.If you want cheaper property, you can look at Athens' waterfront, a 70-kilometer-long stretch of white-sand beaches and clear water.

The inherited house is in a coastal town but I'm hesitant to do a short term rental as it needs quite a few updates (kitchen and bath) to make it desirable enough for a STR and I have no capital to do that.