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Updated about 8 years ago,
1st rental property in Houston. TX
Hey BP's Im currently working with a RE agent to locate my first rental property. Preapproved for FHA loan of 250K, currently looking at MFH's (yes the market is limited but we're working with it). I have been reading and researching how to properly analyze a property I'm interested in. What are the numbers I ABSOLUTELY must have in front of me to calculate my true cash flow. I don't want to overlook anything as the beauty is in the bottom line.
For my fellow investors, when considering a rental property, what property related data must be in front of you before you place an offer?