Cash-flow, though possible, is generally not something you'd benefit from here (unless you do it via illegal vacation rental).That said, I would definitely buy a small condo (studio or 1-bed) for myself here, as I'd rather pay myself rather than a landlord, and IF you feel confident enough in doing out-of-state investing, leverage your remaining funds to purchase 1-2 properties that cash-flow elsewhere.If instead you'd rather keep it local, I'd use your available funds to purchase 2 condos, one for yourself and one as an investment.

There are 12 studio apartments behind the old nursing home on South Main street.

Located inside the Boiler Room is also a fitness studio.

Search for Anthony Araiza at Studios-2007

I am looking into converting this to an additional studio apartment.

This four unit home welcomes families and individuals to a 3bedroom 1 bath, two 1 bedroom 1 bath and a studio apartment with a full bathroom.

It is also possible that the income that I got from that would be more than the income I'm receiving now as a student using GI Bill benefits.I started a podcast with my wife that has taught me much in the ways of marketing, audio editing and outreach.

Secondly, there is an attached studio apartment.

That would allow them to do simple things in their room and it would be more like a studio.

I would like to turn this into a studio apartment rental.