Thank you for the information.

Please let me know if further information is required.

I have been reading up on the posts and materials on here and have enjoyed the new information.

You can likely make it work in most of those cities as long as you are clear to your goals, what you are looking for, and don't be afraid to hire and fire as necessary.

As long as you are changing the sheets and don’t use a management company the leases are more than 14 combined days/yr it is not considered passive. https://www.hrblock.com/tax-center/wp-content/uploads/2018/05/airbnb-taxes.pdfAs soon as you hire a cleaner, and they work more than 100 hours a year (20hrs/week) you cannot use the soloK.

@Jake Bryant Did you find information on this program, I am curious myself.

In order for us to accurately answer/direct you to a loan product will require more information. 

Then google those names to get their contact information to see if they are interested in selling and on what terms.I tried this on a couple of properties with mixed success.

There is an unbelievable amount of information on this site.  

The hopes are in a few years they'll rent for more and then you can hire a PM then if you need.Just find something as close to the 1% rule as possible (analyzed at when you move out and have it fully rented) and it should cash flow or break even.If you're running absurdly conservative numbers, then sounds like you shouldn't buy any real estate and should stick to a low risk savings plan like a CD, money market, or 401k where things are less volatile.