Still can — if he has that kind of cash and can spend $600k on a house with HOA fees, Mello-Roos, and higher taxes, he can also spend $300k on a condo in a decently run (read: strong finances thus low HOA) complex and the other $300k on 2-3 investment properties within driving distance. Not necessarily 3/2’s in Vegas 😀
He may not get filthy rich doing this in SD, but he won’t have a monthly payment and will have something left over off the side as well.
