We are talking about phase 3 of your portfolio, when you're drawing from it, after you've been growing it (phase 1) and then coasting (phase 2), at some point you should enjoy the fruits of your labor - and a lot of that is equity.

Diversify Across Asset ClassesAvoid putting all your eggs in one basket.

It will likely not be easy and likely not be fruitful, but it might work out.

I do appreciate a cheaper entry point, so that I can afford to buy more doors, without putting all my eggs in 1 or 2 baskets.. 

Once again money does not take priority over doing the right thing.I do not have all my eggs in one basket so I don't have to worry about income at any one property, but I started with one and built the empire.

I have already begun to see the fruits of that foundational work as I am now renovating a larger home and converting it into a duplex at the city directors encouragement & blessing.

Also, remember not to place all your eggs in one basket, asset class or geographic location. 

Fruit for thought. 

You can also see if they have any co-signor that is a United States Citizen.Typically, renting to students or international students can be fruitful as they're focused on acquiring their education and can be good tenants.

I,e. most people think it is a surefire win, and while it can certainly be, it is definitely trading some risks (the concentration of putting all eggs in a single basket in any HCL location), with the risks of not knowing almost anything about the area you are investing in.