Relocation question: Lexington or Louisville, Ky or Lynchburg, VA?

  • Thread starter Thread starter Lynn D
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Lynn D

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Hello,

I am an older single mom and want to eventually relocate to a more affordable area (presently in SF Bay area, CA) to raise my little boys and retire there.

I can buy a home now (since prices are going down), rent it out so it pays itself off, and eventually move there. (Currently I have obligations that could keep me here for 6 more years.)

I can spend up to $125,000 maximum for a solid home.

I am looking for safety, good schools, and hopefully positive cash flow on the property.

Any insights on the differences between the above areas would be GREATLY appreciated. Thanks!
 
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