SeanOther banks may be different but I have a savings account at the same bank that holds my heloc.

Life had different ideas and I sold them both and bought a family home (4 bed) and a 2 bed investment.

From there you'll be able to assess.If you think you can just hop on BP, find an agent, and the agent will pair you with that house then I also believe you expectations need to be different.

Theoretically, with this same deal you would be looking at 500-600 more per month with 0% down but each situation is different.

@Courtney Olson - you listed a lot of different areas of North Alabama that all have different characteristics, so I'll throw in my two cents here on them.Huntsville - it is tough to find deals right now that work.

There is one here on BP - https://www.biggerpockets.com/rental-property-calculatorGo to Tools and you will see all of the calculators they have for different investments on the site here.

While it's an old article and obviously a different city, I think a lot of the same thoughts would apply if I were to consider Hesperia-https://www.biggerpockets.com/renewsblog/2016/01/2...I would say the biggest thing you'd want to look into is the renter's pool out there.

@Crystal Hawk - You have a couple different options.

No difference. 

How long it takes to be financially ready is different for everyone.