When it comes to riding the ups and downs of investing in real estate, everyone needs something that is pushing them through.

Walk-through all worst-case scenarios (losing job, home values go down 30%, large months of vacancy....etc) and as long as you have an option to ride these out, you're in good shape. 

The nice thing about a house hack @Adam Kennedy is considering is that it defrays your living costs, has tax benefits, you can bust some sweat equity and (theoretically) will let you ride out a correction. 

In conservative fashion - I recommend analyzing comparables in the area to help inform your decision (similar 4-plex, nearby or same neighborhood, similar condition, etc.).

If they live in Texas - you have to ride a horse to your appointment.Other than that - local tax differences are relatively minor, and most CPAs who work nationwide are reasonably competent in multi-state issues. 

But they get addicted to the money, and from that point on just keep pumping out garbage riding the coattails of the original, somewhat helpful idea...

Sounds like the beginning of a fun ride 

I recently spent a few hours riding around East Point and Hapeville and noticed there's a lot activity going on.

As you start to live a life where you consume less, you will find that you enjoy time at the park, walking, bike riding, hanging out with friends (NOT at the bar or club) you will start to have all kinds of extra money to invest in real estate.While you are doing all of this, start letting people know that you are looking for people who are behind on their mortgage or taxes or are getting divorced so that you can find some great deals.

@Charles Wilkes In your situation, it may be good to let your 250 ride on someone else’s 250 too.