That leaves millions of middle-income Americans with little choice but to keep renting, helping to keep overall rents high.Some cities and states are enacting new laws to aid tenants facing eviction.

Buying a property in the Bay Area to STR would cost over $1 million.

Really, all of this blows my mind that a company can behave in this way and literally be making hundreds of millions of dollars per year just by fear based selling tactics.

Duplexes and triplexes increase overall by $1 million or more since 1993 here in NYC.Comparing my situation to yours, if I were you, I would hold off.

It’d be great to know a little more about your market preferences and non-negotiables, since Alabama’s pretty diverse in terms of what it can offer.For example, the Huntsville area is a much higher-growth market than Birmingham, and the median home in each area is priced accordingly to reflect that difference.Even individual markets can vary widely by zip code—properties in a Birmingham suburb like Forestdale are going to fetch dramatically different rents than homes in a neighborhood like Mountain Brook or Vestavia Hills.In any case, let us know what your buying criteria look like, and we can give more pointed recommendations.

That’s why I thought the pairing of millions of people moving to some of the riskiest, and potentially more expensive future real estate markets, was interesting to explore.

I’ve received a number of responses from investors essentially stating that they use a simple buy/rent/hold approach in small residential properties, and have accumulated net worths in the 1 - 3 million $ range starting with just one mortgaged SFR. 

So for us in the bizz it worked great those were high earning years for me so I bought what 3 to 4 million of them and got 1.5 to 2 mil deduction off of my top line income.

But a 2 million dollar cabin should be generating about 200k a year in gross rent out there once its stabilized. 

There are exemptions for LLCs/Corps that employee more than 20 employees or have annual income of more than $5 million, because every body know money launderers never have more than 20 employees or make more than $5 million a year.