First, If you can purchase without having a mortgage, that would be great. Your money will earn more in the rental income than it will in the bank. Second- Buy a preowned that doesn't have a bond. Rent it long term. Figure out what you would be paying in monthly fees. (insurance, Taxes, Vcdd utilities (probably around $290 for a courtyard villa or ranch) If its long term, you won't have to worry about gas or electric, Wi-Fi, internet, cable etc. You will need to get lawn care and pest control. If you're out of state, its not a problem. It's easy to find people to make repairs . this site is great for that. Good luck.
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