I went through this process when I decided where to retire.At a high level, I used financial media, Wikipedia, and local news (many TV stations stream their local news broadcasts) to select a state and city.At the neighborhood level, I used CrimeReports to get a feel for crime and real estate listings to get a feel for the type of housing in the zip code.Then it's boots on the ground to home in on a specific choice.

Much less financial stress for you and your family.

Alternatively, depending on the nature of your financial sophistication/willingness/balance sheet, you could also look into investing through syndications, JVs and/or partnerships.

The BP calculators are a great start for analyzing deals and I have also built my own financial model I help investors analyze deals (have an example on my website below).

I could purchase a home on the otherside of town for around 90k in cash and live there.what makes the most financial sense?

We're doing some financial forecasting as we get ready to purchase our first home ($120k-$150k range) and are trying to project insurances... can someone clarify for me...

My ultimate goal would be to replace my W-2 income so I can pastor full time and to also prepare for retirement from the ministry so I won’t be limited financially from helping other churches, missions, etc.I have an interest in a couple areas of real estate.

My primary goal is to become financially free at 37, and I know I can do this through investing and discipline!

It sounds like I'll want to get the lease and all legal docs signed off by a professional, and we'll need some accounting help to make sure we're making the best moves financially. 

I have the financial means for a healthy down payment and would like to get started on this journey.