Rental SFH in San Antonio, TX ... worth it?- need feedback

[Christina R.]

Thanks in advance for all replies.

I have family in San Antonio and a person we know is considering liquidating a property in order to obtain duplex in another city. The property is a 2/1 SFH in the 600 block of Sterling. It is currently rented with a one year lease for $650 a month, property mgmt in place. Using "rules" and cap rates, etc., and all the good stuff I've learned from BP, I have a good idea of what I should pay for it to make it a profitable investment over the longterm.

My questions are more to the property location, potential rental pool (military?  straight market or subsidized?, etc), is this a cash-flow only area or is their the potential for appreciation, etc.,  and if people can give me their thoughts on the area.  Clearly the seller has his/her opinions to it - looking for feedback from those in San Antonio who can share their thoughts without bias.

I will do Google searching tonight when I get home but if anyone knows of internet resources to use to check out San Antonio properties, I'd appreciate the information. We have a free website up here in MD that shows MLS listed and solds with listing pictures, etc., and a lot of data one would expect in the MRIS . .. which allows one to essentially run their own comps pretty effectively.

Again, thanks in advance!