Know that houses in that price range are in crappy neighborhoods with typically crappy tenants so you will probably lose money between high maintenance and evictions.

Container homes would be low investment with high return and a passive income.

Good cash flow, but high turnover, crime, and bad schools makes it a high risk.

Submit either for variances/reasoning with city or go direct for building permit approval7.

My favorite sponsor is vertically integrated and local their portfolio.I also agree that historic levels (40-year highs) of inflation, interest rate increases, and government intervention is/are clear black swan events. 

Thanks everyone for the recommendations and pointers.Update, shortly after this post, an offer was submitted, and accepted.

Every three years at lease renewal have them submit a new rental application (waive the fee).

Long time residents can't even afford median rent because incomes aren't high enough.

high mortgage and need tenants Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

That means calling the shots, setting my own schedule, and spending quality time with my loved ones – all while building something substantial for the future for my family.So, I'm throwing caution to the wind and jumping into this with both feet.