However, rental properties here are so scarce and so high in price, and the houses here are appreciating so rapidly , we decided we needed to buy a less expensive home now to get our foot in the door and build equity while we save for the down payment and pay down debt.  

When I have rehab time, I'll start incrementally raising the rents until someone leaves.

The bills are making rapid progress, but they haven’t passed into law yet.AB 68 makes it harder for city governments to stop the construction of ADUs.

Also, don't expect Bay area price to still rise rapidly, in fact, higher price homes already having lower bid and the rent can't catch the price.

However, I use quotation marks as the upsides (lower down payment, no PMI, usually better rates, and the ability to rapidly build wealth through house hacking a primary residence) more than make up for it!

Which markets should I be looking at that can be cash-flow positive but could also appreciate rapidly in the next five to ten years?

JacksonvilleJacksonville is a rapidly growing city with a bustling business scene; several Fortune 500 companies are located here.

Prefab homes may be the way to go if you need a rapid, cost-effective option, especially if you plan to rent or flip properties.

After all expenses and reserves are accounted for, we're able to live in a nearly turnkey property for very little out of pocket each month, allowing us to rapidly accelerate savings for future deals. 

I live in Grand Rapids mi.