@Alecia Prigmore, with 9 months of runway, you should be in a great spot depending on your saving habits.

I like TX, FL, TN, and NC personally but can be convinced to other areas that have growing populations and economies (and landlord friendly laws).If you're looking for a multifamily property that you could owner-occupy, there are some great spots around LA where you could use that $500K to get into a quadplex (or larger) in a really strong rental market where you'll have little issue getting highly qualified tenants.

There are some things to watch out for in the area that a RE agent will also know to spot. 

I have initial spots on every page and multiple signatures throughout the lease.

You can usually spot a yearly peak at around the same time for your area.

Oak cabinets from 30 years ago came in basically one style and are very easy to spot.

The cap rates are not cycled down as much either.AZ and Texas tend to be hot spots for investments these days.

@Angie Williams excellent spot on review. i lived in Brooklyn all my life. i recently moved to ENY in 2015 bought a one bedroom condo for 205.

Due to high demand, we've only done a soft launch of this fund thus far to grant our legacy investors a spot before it fills up.

They questioned the spot on the ceiling, and I assured them that we looked at it and it was all old damage.