I want to know what are the guideline and if the plan is possible.I can easily get a room in the area i work for about $500 a month pay the mortgage in Atlanta comfortablyCan i still qualify for FHA in Atlanta while i work in Cali?

@Michael J Ralph at the end of the day it's whether you want to manage the property yourself or not, and if the returns meet your goals.

(My commute is 40 min on average w/o traffic) Plus, when you look farther south you'll have a better cash on cash return.

You could still easily call parts of Old Brooklyn a C neighborhood.

But as a return on the value of the asset it's usually a horrible rate of return. 

It really comes down to what type of property, area and returns you may be looking for. 

you more so need to be willing to put money into what many consider high priced properties to generate high rent and make a return worth while. 

If you don't want to lose money along the way and be truly passive; find someone else's platform where you can reap more consistent returns.

It's something I can do very easily. 

Depending on your goal and strategy you can flip or BRRRR an apartment complex, the same way you would a SFH (over a longer period of course) and make a fantastic return.