The rate jumps to 15 percent on capital gains, if their income is $47,026 to $518,900.

(Urban, suburbs, rural) What population sizes and growth rates?

I am 35 and the owner of a 1000sqft 2 bed 1 bath starter home that I bought for 150,000k in 2020 at 2.75% interest rate. 

Taxing about 10-15% of gross income at a rate of 10-15% results in an effective tax rate much less than the topline 37% that can apply to UBIT exposed transactions.  

Avoid places with high crime rates or those not showing signs of revitalization

The housing market in Corpus has cooled since last year when interest rates spiked.

Also learn to do stress test on your portfolio if something happens (higher interest rate, vacancy, etc).5- Enjoy: You need to love doing that.

@Michael Mainini you have options and renting could be a good choice if your interest rate is low.

I recently cold called a list of approximately 500 pre-foreclosure properties and had a much lower answer rate than I normally have.

With these interest rates, if you can find a house hack situation that you are paying the same, slightly less, or I'd argue even slightly more, then I think it can be worth it for these reasons.1) You will get to live in your preferred location.