Texas is great but the homes prices are on the higher end and its getting tougher to cash flow due to home prices and taxes.

Open to La Mesa and West Chula Vista, although I have concerns that they will be tougher to appeal to MTR.

I have a MTR near Cleveland Clinic and University Hospitals, and I found it was a bit tougher than I expected to secure tenants.

But hey when things were white hot a few years ago we lowered our BAC by 50% then as rate rose and sales got tougher we raised our BAC and now we are back to negotiating each one..

As Stuart mentioned, it gets even tougher with lower price point homes.

When prices go up as you move into better neighborhoods and/or more expensive markets, it will get tougher to exceed 1%.As others have mentioned, this is a good rule of thumb, but you have to run a full set of numbers to understand you potential ROI on a deal.

Don't be afraid to start with MF - although getting the loan might be tougher as they like to see experience.

You just won't really have a ton of positive cash flow right off the bat if you are refinancing at 70-80% LTV at today's interest rates.Multi family you can get both but those are tougher on the equity side of things since they cost more to rehab compared to a single family home.

Feel free to DM if interested and I'm happy to help.Competition is tougher than ever, we're requesting all our clients budget $2-$3k per year minimum in upgrades to remain on top.

Bottom line is they are worth more independantly than together as they are apples and oranges and tougher to sell when bundled together- when you do decide to sell.