I would recommend you look at that as the prices compared to Austin will be much much less.Start with a duplex or single family, do that for a couple years and then go bigger.I have done all single family so far and will be doing that for another 2-3 years.

They can both be great paths to wealth over time but you are comparing apples to oranges .

@Nathan Guyette you will have to refi into a different type of loan FHA is only for owner occupied properties, in addition they do not want people to purchase properties for investment purposes using the program, I believe they spell that out in their guidelines

The BIG difference is that Im a true novice compared to the time and effort of wall street investing.  

Hey Matthew, I saw that you'd need to compare your options, there are plenty of places with great renter populations and high job/wage growth.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Probably they are pushed so much because they are more popular than they should be for that purpose. 

And of course mortgage foreclosures are more expensive and take longer in mortgage states compared to deed of trust states..

if yes compare with your current lender see which route will benefit.

I have actually held a few mobile homes in Alabama ( many years ago) but made little compared to the frustration, so that chased me away.