TX Deal Advice

[Charles Lucenay]

I am located in Houston and have found a portfolio of 116 townhomes (all grouped in the same community) for $9,000 per door. I think they would rent for $500-$700 per month, it is a wide range due to some different room layouts. There are some repairs that are neccessary but I think I could get that rolled into the loan and it shouldnt be more than about $3,000 per door (max).