We're interested in out-of-state b/c we currently live in a HCOL area, but want to get started ASAP, which means looking at more affordable markets to start gaining experience.We however consulted our financial advisor a couple times, and have received push back on doing out-of-state real investing for a variety of reasons, including 1) we are currently renting in a HCOL and are saving up for our primary residence buy which is in another HCOL area (LA as want to be closer to our parents when we consider having kids, so this is a bit non-negotiable), which we aim to have enough funds for by end of 2024, 2) we have a fair amount of student debt that we want to aggressively pay off once loan payment freeze ends in 2022.Wanted to share our situation with the forums here and get some feedback.

Also tell her that if she can't afford the rent, that you will let her out of the lease without any penalty.

I see multiple affordable Multifamily properties for sale.

The homes are affordable and have lots of appreciation upside.

Couldn't afford it so, I joined the military.

It is prudent for the seller to know enough about the market to properly analyze the improvements and their effect on the value of the property.From the buyers side, only put down an earnest money deposit that you can afford to lose.

We came to agreements with the tenants, and unfortunately there was one tenant that couldn’t afford to stay.You can have a heart and be a landlord.

My point is it almost seems like the better play is to bight the bullet, buy the house or multifamily in the better, more expensive desirable areas  ( appreciation markets )if you can afford it.

I guess it just boils down to if the numbers work to afford the two payments.

I cannot afford any single family home in mountain view, and I don't like to live more than a half hour drive away from my house.