Houston Multifamily Investing Woes

[Deo Sanders]

90% of Houston Texas multifamily units (inside the loop) have significant deferred maintenance with higher prices. While I can afford the prices, the cost of no cash flow, high property taxes, obvious maintenance and COVID producing a more favorable renter policy vs landlord gives me great pause. However I’m anxious to get my first MF under my belt.

If you’ve invested in similar situations, how did you break through. What was your approach.