I’ve got a couple houses I rent out a smaller town in the South. Both still worth just under $200k. Not fixer uppers. It’s a big enough place that unless you’re in something specialized you could find work. Boring place that’s never going to seem trendy, but it’s fine to raise a family. I’ve got a cousin there in his 20s, wife, young kid, new house. Average non exotic jobs. I’ve seen jobs there a fit for me, probably a bit overqualified, I just really don’t want to live there, already have a job and house, etc. I’m in my 40s and have already been down that road. It worked out too.
Where I live now it’s like yours closer to 400k. Have an upper 20s friend with wife and kid doing okay-ish. Definitely a lot tighter on the budget. He’s also just now getting to the point of “maybe I should learn something useful.” Very much a product of the “follow your passion” culture who’s passion is unmarketable and instead works in a warehouse.
I’ve got a couple houses I rent out a smaller town in the South. Both still worth just under $200k. Not fixer uppers. It’s a big enough place that unless you’re in something specialized you could find work. Boring place that’s never going to seem trendy, but it’s fine to raise a family. I’ve got a cousin there in his 20s, wife, young kid, new house. Average non exotic jobs. I’ve seen jobs there a fit for me, probably a bit overqualified, I just really don’t want to live there, already have a job and house, etc. I’m in my 40s and have already been down that road. It worked out too.
Where I live now it’s like yours closer to 400k. Have an upper 20s friend with wife and kid doing okay-ish. Definitely a lot tighter on the budget. He’s also just now getting to the point of “maybe I should learn something useful.” Very much a product of the “follow your passion” culture who’s passion is unmarketable and instead works in a warehouse.