. -- when the simplest option is probably the best.I tell my first-time homebuyers in Colorado to keep it simple.

It makes it easy to keep all the posts important to you in one spot. 

I would be curious to see what a more expensive and more permanent home does for the ability to lease that land back to occupants.Would you be building the tiny homes and selling them or keeping them as a rental?

Keep in mind this has been a "sexy" asset class and most people don't understand or even look at the numbers.  

This should keep you covered.   

Keep it at 3% escalation like John McKeee said.

Also, keep in mind that PMs often have add-on fees for tenant placement, managing repairs etc in addition to collecting a fee for monthly management.

Keep a room inhabitable for him/her to stay.

Thanks for posting this and keep up the hustle @David Serna

I understand this is not an easy task as the price in those areas are increasing, but we're trying our best to keep the maximum budget at $500K for the primary residence.- We have started the pre-approval process with a lender and have a realtor we're working with to purchase the houseInvestment Strategy:- Aim to maximize cash flow while seeking appreciation.- Ideal cash flow target is $2K+ per month.- Planning to allocate the remaining $250K towards purchasing two properties in the Midwest market (e.g., Cleveland, Columbus, Indianapolis, Kansas City and open to exploring new areas where the entry point is affordable but the cash flow is stable).- Seeking properties that can generate $2K+ a month in combined rent after factoring in property management, insurance, and property tax expenses.Seeking Advice:- Would purchasing two houses in the Midwest to achieve $2K+ cash flow per month be a sound strategy, or do you recommend alternative approaches?