Virtually everyone lives somewhere especially true for those that pay taxes (in CA property and income tax).  

You may also want to consider purchasing multi-unit properties and live in one of the units.

You will enjoy the serenity of rural living, complete with a large cleared backyard perfect for homesteading, gardening, or recreation.

It's actually harder if you are currently living in the property, want to cash out, and then have it as a rental as you haven't proven to the bank that the property will cash flow $600 a month on top of the NEW mortgage costs. 1.

Thanks, Dan Audino Have you considered a live and flip?

Is this a LT residential interest or more like a shared sober house living situation?

Quote from @Pravit Jarriyapurttipong: Hello,I live in Queens New York but I want to invest in Buffalo New York.Which town should be easier to manage?

China as a low cost producer is past- they have aged and standard of living out.  

Usually, this is a sign of stability and a preview of the types of people who live in the area. 

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.