With $60K to invest, you might also consider looking at more affordable markets, either in California or out of state, where you can house hack with better cash flow.

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

If your credit score is low, ask them how to improve it enough to get the best interest rate.Honestly I don't think you really need to be "underwriting" right now other than to have a general idea about how much house you can afford based on your salary, down payment, and savings. 

Bloomington is a city located in south-central Indiana, approximately 52 miles southwest of Indianapolis. en.wikipedia.orgRecently, the city has been exploring co-living arrangements as a strategy to enhance affordable housing options.

The Southeast has had tons of population growth and as long as people can afford the increased insurance costs, the warm climate will continue to draw people.

Note: I say this also assuming you can afford the negative cash flow, but if you cannot, then get out as soon as you can. 

if you need assistance setting this up talk to some local professionals.to your point you, should certainly not take on a payment you can't afford - and only you know what that is.  

Long-Term Play: Those who secured land at high valuations must now decide whether to hold, develop, or offload.New Construction and Infrastructure DevelopmentColumbus has seen a surge in homebuilding, particularly in response to anticipated demand from Intel-related jobs.The delay may impact financing and absorption rates, leading to a slowdown in housing starts.Infrastructure projects tied to Intel’s growth, such as roads and utilities, will likely continue, but at a measured pace.Commercial Real Estate and Small Business ImpactsMany businesses and developers bet on an influx of Intel workers fueling demand for retail, office, and industrial space.This delay could create leasing challenges, with some developers reconsidering near-term projects.On the flip side, a more gradual ramp-up may allow local businesses to scale strategically.Opportunities for Savvy InvestorsBuying the Dip: If land or housing prices see a correction, it could be a prime buying opportunity for those with a long-term outlook.Pivoting to Other Growth Areas: Columbus remains an attractive market beyond Intel, with a strong job market, affordable cost of living, and other major employers expanding.Building for the Long Haul: Delays happen, but Intel’s presence in Ohio is a long-term game.

For me it boils down to more of a personal decision - can I afford two homes, do I want to have two homes and the stress of it, or just take my money out of one and put it in another.

We’re breaking ground on projects like 12-200 unit townhomes, apartments, and other developments, filling a gap for affordable housing where it’s needed but overlooked.