Since you’ve been renting in MM, you should know the cost of rental in that area. If price gets down to $100-130k, I’ll buy several as rental. With 20% down, you’re looking at mortgage around 4-500/month and renting it for 1600-1800/month. What more can you ask for. Even after the 1990 recession and massive job loss in SD, rents of a SFR was around 1000-1200/month.
