Thankfully, we live nearby because that had a small learning curve, but now we can turn onto a street and almost know immediately.

Just ensure that they are comfortable with being in the second position.Your primary residence would probably be better to leverage since they usually have better terms in general LTV wise.

Here's scenario:In my early 50's married with 2 kids, good income, live in San Diego, CA.

First-time homeowners can start creating wealth through real estate while lowering their living expenses by using a clever tactic known as "house hacking."

I live in Jackson, MS, but I am open to travel and invest wherever.

You can get top dollar likely, but it still needs to be reasonable and comparable. if it’s a declining town with not many attractions or amenities, then it’s likely there’s no rentals available because nobody wants to live there. mot sounds like you may be describing more situation #1, in which case it’s a ripe opportunity if you can get a deal on a property

I live in Nashville TN but am looking to invest in Dyersburg Tn, as of which the housing market is significantly lower due to a much lower cost of living.

New home communities have lower cap ex due to their age/warranty and that may be what you are most comfortable with.

See where they currently live and drive by.

Thank you for the reply.I live in Bay Area.