There's incentive to pay high city rent in a run down part of town without the city lifestyle. https://www.businessinsider.com/two-thirds-tech-workers-leaving-sf-bay-area-wfh-blind-2020-5

I plan on using his trailer method to live on the property while still renting out the other units as I am fortunate enough to be able to live that way without much impact to my current life style.

Because the real estate consumer has changed.As you read through industry publications, supply/demand reports, and prognostications from segment industry insiders the one caviot many are reporting is the changing dynamic of today's consumer as their habits relate to real estate.The bulk of renters today are composed of Millenials who have a desire to live a fluid lifestyle where movement and change is easier to incorporate into their lives due in large part because of their frequency in changing jobs.

and if their lifestyles never changed maybe that's the case but as stated.. their is a progression that also comes with accumulation of wealth.

This house is move in ready any construction would be additions/renovation done to enhance housePrice $205,000$7500 seller concession Total loan $212,500Taxes $5500After all other fees added, payment would be $18302 family house 3 br 2 bathUnfinished basementFirst floor 1 br, 1 bathTenant occupied paying $1200 a month2nd floor2 br, 1 bath, walk up attic I will be living in this unitDownfall: bathroom is connected to one bedroom (like a master bathroom) I would need to add a bathroom in the attic directly above the bathroom connected to the bedroom.

Either that or get rid of all your debt and live a more cash and carry lifestyle, although that can create credit score issues, as in resulting in a no credit score?

Where you live really will depend on the type of life style you want.

. $500 or more, perhaps, but since my lifestyle only supports a more passive approach to investing I won't hold my breath for stumbling across any gems that would offer such a return anytime soon.  

In both Denver and Colorado Springs, we had numerous clients in the last two years move here from San Francisco and Seattle to get a (slightly) more affordable home and enjoy the lifestyle that Colorado delivers (@Matt M.'

Congrats on having this event not effect your living standards or lifestyle..