Obviously mounted up high in a readily visible spot "trail cams" work just as well (as a possible visual deterrent), very cheap online. 

Just typing that makes me amazed I turned out as well as I have), I believe I am qualified to speak on the matter.

We are in Pascagoula, about 30ish minutes east of Biloxi, so we have been looking around in that area as well.   

I don't doubt that it is true for some people, but I think sometimes people just repeat it because that's what's in their head, without actually tracking it.I think part of it is market dependent as well. 

Once you clear the 2-yr mark of living there yourselves, you can likely use the full $500k.Disclaimer: I said likely, because there could be a mountain of complications, as well as some different opinions from my peers.

Louisiana is changing their tax sale laws now as well, killing my tax sale business that has done very very well over the last 15 years.

I also do property management for work, so I can definitely help you out as well if you are needing it fully leased.  

Nobody’s going to pay $850k cash for a chance to earn $50k (if they run it as well as you.)

My big concern, like you, was the cost of property in California but there are some cheaper markets in state as well that have a lower barrier to entry than the coastal markets.

I think your best bet is to go with a Correspondent Lender like we are because we can get you multiple offers to ensure you get the best rates and terms available for your scenario.The best lender is going to depend on the qualifications of the borrower, the property and tenant type as well as some of the specifics of the lending scenario.For the Borrower:1.