We have the means to rent our current hawaii home and purchase our next home in the mainland.

Either buy a 2-4 plexes, live in one side and rent out the other side(s) to your friends.

DC is one of the lowest cap rates in the country.If you have a long time horizon, and have patience, with the areas strong rent growth you can end up with more cash flow here than a high cap rate market.

For the moment, it's good enough that the home value and rent value continue to increase with everything else in Lakewood, but is this the peak?

The most obvious is that you will be able to offset your mortgage with renting out a few rooms.

Luckily Kansas City, MO is still renting at that 1%, sometimes even 1.2% margin☺️

Rent money is applied to the water bill, (outstanding bill).  

I later learned that he meant that the price was less than 100x one month's rent.

Rent is $950 and other is $900.

My broker listed my rental as my primary residence, but I am renting/living out of state.