Would prefer to invest instead of own the home I live in.I've have had it suggested that to get started, I should buy a property that is under 100k in cash. 

Investment Info:Single-family residence buy & hold investment.

You may not be able to get as much house for the same amount of money if you decide to buy another rental in the future but if you do your research and spend time searching you can still find good deals for similar properties.

Investment Info:Single-family residence buy & hold investment.

And you point out an important detail about long-term plans- yes we are looking at this as a buy and hold hopefully for decades to come, where we'd do everything you said: contesting taxes, refinancing when possible, raise rents when appropriate.

I am about to put an offer in on a tenant occupied property from the 1950s. I walked the property but it was full of tenants stuff so hard to see much of the walls and what not. Everything seemed functional. The owner...

Buying a QUALITY home with less than $4k out of pocket? 

Wisdom is knowing which is which.We do something a little bit differently, we buy "off market" and take over thier loan & we expect to get low interest rates and equity up front like this.

Roam buyers save up to 50% on monthly mortgage payments compared to those who buy a home with a traditional mortgage at current rates." is what the company keeps on pushing out from a PR front, but it just sounds suspicious to me.

We have been getting creative and are still able to find opportunities to buy in Hawaii.