At one time when Dallas was going bonkers it was getting a lot of the overflow but now things are little more steady in Dallas if anything.If you are investing OOS from NY I would take a look at Birmingham, Atlanta, Indianapolis, St Louis, Kansas City, Memphis, Little Rock, Indianapolis, Greenville, Jacksonville, Tampa, Houston, San Antonio, Little Rock, Milwaukee, Cincinnati, Dayton, Cleveland, Ohio, or other secondary or tertiary markets.

I'm obviously new to market trend analysis, but I can't help but do the math in my head and have it play out this way.

Basic 2-3 bedroom single home, not a huge fan of condo's.Talk to property management companies in the area to see average rent, vacancies, etc...If the math checks out, then i'm good right?

But come, 2022 I want to fully implement my high level “Ideal” 5 year plan:GOAL: 400k Passive Income Annually by 5th Year via SMFH Rental PropertiesNote: Looking to invest primarily in PA markets to start (open to others to hit this goal too)[Year 2022] - NOI 80k Annually NOI Monthly - $6,666 (min)Acquire 9 Triplexes (27 units)/year -- roughly 3 units/month Cash flowing $250 a unit/month min.ROUGHLY $81k for Year 1 [Year 2023]  - Essentially, repeat the same acquisition process until 2026I’m currently working on my rental property requirements to ensure the math is possible.

Birmingham, Atlanta, Indianapolis, St Louis, Kansas City, Memphis, Little Rock, Indianapolis, Greenville, Jacksonville, Tampa, Houston, San Antonio, Little Rock, Milwaukee, Cincinnati, Dayton, Cleveland, Ohio, or other secondary or tertiary markets.How can I make sure I don't overextend myself if things go south?

The secondary question to this is when I decide to move where to end up.

Seems like by my math to get to your numbers they could be $250 per month which for me is getting into scary territory.

However, I’m struggling to make “the math” make sense.

Not going to do the S or C Corp as he advised against them given the information that I provided. ( may be appropriate for others but not my situation)  Asset protection is by the way a secondary issue. 

Determining the best amount to put down is really just a math problem: based on how much capital you have, what's the best allocation?