Just need to make sure it is meeting your REI objectives. 

Nothing original follows, just using my brother's military experience.Same concept, just different dollar levels and long-term objective.1. 

With that said, we are beginning to see investment objectives change within the city limits of Austin and moving out.  

You can calculate your net monthly cash flow, your cash investment, and your ROI for both cases to objectively figure out which makes more sense. 

I'm sure you don't want to have to do that, but it doesn't seem like arguing on the principle of the thing is going to get you anywhere.

You can't give objective information about a place when you've got something to sell there.Their "brainwashing" seems to have been working on you since you mention investing in Belize and Panama, two countries they're heavily promoting.A while back, I replied to a post about investing in Belize in which I lengthily explained in detail why I believe it's one of the worst countries for real estate investing.

It seems to me that unlike a single family per residence situation, a residence with individual rooms rented could be an issue for the other tenants and just like a traditional rental, the property owner could not object per CA law.

Most of the time wannabe investors don't give enough information to give UNBIAS objective advice.  

I think the first hurdle is setting up your investment objectives, primarily WHERE do you want to invest geographically.Second, as Zach mentioned, try to find several.  

It turned out to be a fake story, but the principles are still true.