But I plan to go there to see and know the city in general and different neighborhoods in particular.

Looking to cash flow on low entry homes in some pretty nice neighborhoods close to where I grew up.

Just start.Pick a good area: Look for neighborhoods with potential – something that feels right to you.Think long-term: Are you looking for steady cash flow or hoping for big appreciation down the road?

ONE OF THE REASONS WHY I WAS INTERESTED IN THIS PROPERTY WAS I LITERALLY GREW UP AROUND THIS PARTICULAR NEIGHBORHOOD SO IT WAS A FULL CIRCLE MOMENT FOR ME BESIDE IT BEING A GREAT DEAL I WAS VERY FAMILIAR AND COMFORTABLE WITH THE AREA !.

One thing I was considering was an LLC/S-corp style entity where I can manage it while they get equity.

House hacking still definitely works, just got to get a little more creative, maybe be willing to do some work (go find the worst house in the best neighborhood kind of thing).

Interest rate is 6.25% Nice house, nice neighborhood.

For example, in the New York area, especially in some hyped-up fringe neighborhoods (like certain areas of the Bronx, Queens, or Staten Island), finding a "bargain" seems easy.

Rancho is working class, solid neighborhoods, decent schools, and lot of first time home buyers looking for a decently sized house.

We were able to buy low in a good neighborhood since the home was in need of some work, mainly needing cosmetic work and some deferred maintenance.