One President of a fortune 500 company another self made garbage man and recycle owner.. 

I personally don't buy houses to live in as an investment, but I have several friends who have made a small fortune this way.

We were fortunate that we purchased the property at the right price and we were still able to make it out ahead.

I'm also fortunate to have a great job that I enjoy, and hope to continue working and invest at the same time.

Fortunately there’s enough deals for everyone it’s just the small guy has to put in more effort for just one deal whereas the big dogs have a consistent steady stream.

I invested in a 506b before I was an accredited investor (fortunately, I am now). 

As someone with marketing/business mgmt experience in a Fortune 100 company, I'd also go with this same evaluation criteria - size of city.

Understanding this concept is critical in determining how your asset is priced, should you be the fortunate investor who is holding a property in a low cap rate market.

Assuming you’re not paying a fortune in points

So, it should be a major consideration in your decision and you should avoid such debt as much as possible.I was fortunate to complete my degree at UW with no student debt and was able to purchase my first condo at 24 working a low paying job in the food industry coming out of college.