I don't know the preferred areas, but here's a duplex I found that's well under $400k: 2027-2033 SW 70th Ter, Gainesville, FL 32607. 

If it's enough acreage even with wetlands, you could find recreational buyers (i.e) h u n t ers, off road wheelers, nature enthusiasts, etc.

854 Bonneville Ter NW

All the best  Sure Just sold last week 15955 sw 304th Ter- bought 300k sold 440 with 12k into it603 nw 10th st - under contract to sell currently bought at 260 sold as is at 345 without touching it Want me to keep on? 

Renting doesn't require cash reserves and its an easy choice.Or go up to our 200k (actually over...)https://www.zillow.com/homedetails/917-W-120th-Ter...

https://www.redfin.com/MO/Kansas-City/1205-Romany-...https://www.redfin.com/MO/Kansas-City/644-W-69th-S...rentshttps://hotpads.com/310-e-70th-ter-kansas-city-mo-64113-uzgh35/pad

It seems they may have finally banned it according to this article: https://thenevadaindependent.com/article/short-ter...

As of today it is rented out and up for sale for $53,500.00 with photo's using this lot (the houses yard) as a selling point.https://www.zillow.com/homedetails/404-SE-12th-Ter-Gainesville-FL-32641/42734496_zpid/Then this morning my Mother was served paper that the vacant lot will be auctioned off in October and because she is a Trustee of my Grandfathers Estate and my Grandfather was the last to own the land, his estate can purchase the land for Taxes which is $4,000.00 before the auction.I'm wondering if there's an opportunity here but at first glance it looks like a mess that's best avoided.

Monthly payment $231.36.Zillow tells me that my PMI would be $237 if I put 5% down on this home (just an example).https://www.redfin.com/NJ/Bloomfield/34-N-End-Ter-...20% is $79,800 down payment5% is $20,000 down paymentNow, I'm trying to understand the pro's and cons of each approach.

Once you graduate from the regular FA to PWM, their fees are not being too bad in the bigger picture.