Does this plan sounds ridiculous or reasonable

29, still at home

Very low W2 income, and some side business income

I estimate I’ll make around 25-30k this year.

60k in IRA Plus another 30k between a few savings accounts

I really want to move out this year.

The plan:

Buy a duplex or triplex out of state where I can afford it, hire a property manager, have the rent pay for the property plus pocket a few hundred bucks each month.

Add that to my income, and move out.

Sound feasible? Stupid?

Q: Why not house hack? A: it’s too expensive in my area and even surrounding areas, I’d have to leave the state or else I won’t qualify. And yes I’ve considered the increasing income from house hacking, rent is around 1700, but duplexes are around 450k for a shit box

Q: why not move out of state? A: I’ve build my network slowly but surly for my business, I’ve put a ton of work networking near me and it would be such a waste to throw it all away and start over now. This network is very promising for bringing g in more income for the year, but I’m lowballing myself on the 25-30k estimate for now to be realistic