None of that matters unless you find a deal and you will just be spending time, mental energy doing research that you cannot use yet.There are many many ways that you can go about finding deals.

Next buying a home for $50k in almost any city will most likely cost you more then double in maintenance costs, vacancy, and most importantly mental stress and your lost time.

Purchase price: $50,000 Cash invested: $2,000 Sale price: $1 Conveyed property to son and Daughter in law

We were helping our daughter buy her first home.

We have tenant with two young daughters & she has consistently paid in the 3rd week of each month & I do not believe she has a full time job (hairdresser).

On the ranch with our horse boarding my son and  daughter in law live there. 

Happily married with a beautiful 1 year old daughter.

The only reason I am buying the house is to provide our daughter a place to live.

Currently, I'm in the automotive industry and after a couple of years I realized that I rather put the time and effort into something that will give me the financial freedom where I can spend more time with my wife and daughter.

My current day job is consistent and provides such a healthy environment for me mentally, physically and financially.