I always thought buying a house would be crazy and not really in my sights but what I am seeing here. Geesh!
If I could buy a nice house for $500,000 or a crappier one for $250,000? Rent it out for 2k-3k a month.
2,500 x 12 = 30k a year and let's just take it down to 25k for maintenance. 10 years to get to 250k? Doesn't sound great to me.
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