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Updated over 10 years ago,
Townhouse or House as first rental
I will be attempting to acquire my first rental property in the next month or so in the Houston area. I have been listening to the Podcasts and I believe I will try to use an investor to assist in buying the property so I don’t have to spend so much out of pocket. There are townhomes in the Houston area that are in good condition that I can purchase for around $45K. There are also homes that can be purchased for a little more than that price point. Which direction should I go townhouse or small home?