For the right people with the right perspective, it could be a great way to diversify your investment and enhance your quality of life. 

The right idea is going to be the bread and butter.1) Ideal location2) Quality properties over quantity of properties3) 1.25x DSCR4) Intention to hold no less than 8, but ideally 12+ years.5) Sufficient cap reserves6) Mechanisms to enhance cash flow(via alt investing or house strategies).7) Liability protection through no PG loans(if possible), LLC formation, property management and being a diligent landlord.8) Invest deeper, before wider.Now if you're talking where to invest, different information.

In some of the big cities (speaking in Canada), you have people who want to live in Toronto or Vancouver, but they can't afford the rent with their lifestyle...and they don't want to move.   

Exterior Deck or PatioAdding an outdoor living space like a deck or patio extends the usable living area and enhances the home's appeal, especially in regions with warm weather.In addition to these improvements, understanding the local real estate market and focusing on upgrades that align with buyer preferences in that area is crucial for maximizing ARV.Noah, thank you for this great feedback.

This unique blend of economic opportunity and lifestyle appeal positions these cities as prime locations for both investment and personal residence.You mentioned Roan Mountain and Watauga Lake.. both are fantastic draws.

I hope you can achieve your ideal lifestyle.

That is where the magic happens and where true connections that can enhance your journey are made.

@Kody SmithDepending or your time, lifestyle, goals, and time to exit, the Reno, NV market is worth looking at.

Secondly, tiny homes promote a minimalist lifestyle, encouraging reduced consumption and a greater appreciation for experiences over material possessions.

After investing $47,000 in thoughtful renovations, we transformed the property, enhancing both its functionality and appeal.