It cash flows a bit, nothing life changing.I bought a second duplex in LA this year that I am currently house hacking (live in one unit, the other is LTR).

They simply dont understand the culture of the rental class in the mid west the LIfe long renter..  

However, you will have PMI for life of loan most likely and there are usually higher premiums to originate FHA loan.

Both poverty and riches are the offspring of thought”Mans Search for Meaning: - “What matters, is not the meaning of life in general but rather the specific meaning of a person’s life at a given moment”The Richest Man in Babylon: - “To attract goodluck to oneself, it is necessary to take advantage of opportunities” - “Men of action are favored by the goodness of good luck”The Millionaire Next Door: - “Looks can be deceiving”

I have lived in Columbus almost my whole life.

Although I am outside of my comfort zone and feel like an absolute tool (I'm lost and that's uncomfortable), my faith, drive, and want to achieve my family and life goals continues to motivate me to get outside of my comfort zone and push for continuous improvement.  

And then they cant understand why all the things that happen in those asset class's are happening to them they only fall back on their personal life experinces not the reality of life of a life long tenant.  

Listen to the BiggerPockets podcast for expert advice, read books like "The Book on Rental Property Investing" and "Set for Life" by Scott Trench, and join local real estate investing groups or meetups.

And unless your going to hold for life ( which not many do) Appreciation is where the wealth is made..

My goals currently are to help him get to a state where he can live the life he desires.