Not even once I let myself think I can do anything unlawful in my landlord´s house.

I'm trying to sort out all of the SDIRA and 401k loan stuff too.....My wife and I both have lots of our net worth in employers 401k plans....and have a smaller amount in an IRA that I inherited when my Aunt passedI'm trying o figure the best way to leverage that $$ to generate cash flow that I have access to NOW.My understanding with a SDIRA is that you can use the $$ to buy RE but all the cash flow has to stay in the IRA unless you want to pay tax and withdrawal penalties etc...so it s great way to invest in RE, but you are still restricted on getting to that $$ until you are much older....I'm looking to leverage that $$ to use the cash flow now, not when I'm 59 1/2.......

@Lisa S. if you’re open to working remotely, there are a number of great CPAs on BP who specialize in real estate.  

There are other neighborhoods that might be meet your criteria... but when I think of areas that are going to be "easy" tenants, I think of the neighborhoods referenced below:Pleasant RidgeNorwood(very street to street)Columbia TusculumWalnut Hills(very street to street)Northside(up and coming, lots of opportunity--flippers making $$ here)OTR... but you'll be buying on the fringes and waiting a few years before gentrification takes hold in the areas of OTR that are affordable and the #'s make sense for rentalsNewport, KY(above 10th street)Covington, KY(above MLK)Bellevue, KY

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Hi @Jarid S.

How can you not considered it is not s war zone if you get robbed twice already ?

Could I hypothetically take a whole rundown neighboorhood and turn it into a highly desirable place to live, I'm talking taking a neighbourhood that homes are in the low 100's (I'm in VA beach so its almost unheard of to find a home under 140,000) and bringing it up to a high middle-class neighboorhood where homes are selling at a low of 250.

@Kevin S.

I purchase used Mobile homes 90's and new with good bones put them on land and rent them out.