(Probably 1.5k~ with mulch)There is a huge demand from family guests with kids in this area, so I think the value is there.I am pretty handy and live nearby, so I am not too worried about repair.I am just wondering have anyone tried putting a playground at your STRs?

I think I am near by but the nomenclator east humboldt park can be misleading depending on whether you are talking about the actual park or neighborhood.I am at Armitage & Western and have a similar 2/1, I actually pivoted to airbnb during covid because I had to drop the rent so low ($1450) that I refused to do a LTR at that rent. 

I was interested in this deal because I recently sold a similar property nearby and the owner of the Lasalle place reached out.

How abt San Antonio or any other near by city for that matter, Is there anything that I can change in my plan to move the needle from 1-4% CoC to 4-7%?

I'd love to get something nearby but the price points will likely push me to other markets. 

@Gayle Eisner I own nearby.

@Kay Hart I give them at least 30 extra days’ notice in addition to what’s required by our local laws and send a list of nearby similar places that have recently rented, showing them I’m still under what they’d pay if they decide to move.

(I did a 15 year as i want it paid off if I decide to live there as I don’t deduct personal interest.) it also generates almost $20k in depreciation helping to offset my other income and traveling to it on business allows me to stop and see my family that live near by. 

@Marco Silva data: population growth, job growth, housing supply, landlord friendly laws, purchase price, anticipated rehab cost, property tax rates, insurance cost, is insurance cost rising quickly, expected rent, rate of rent growth, can someone with the median income afford the rent, diversification of the economy, quality of local schools, crime rates, is the property next door a dump, how many other people are bidding on the property, is there a Starbucks nearby, is there a grocery store nearby, are there multiple property managers nearby in case one fails.There's so many ways to find deals, to name a few: MLS, wholesalers, foreclosure auction, tax sale auction, doing your own marketing through a bunch of different channels like direct mail.

This adds a layer of security, as funds are only released when all terms of the transaction are met.Meet in Person: Since your mother is nearby, it's good that she can meet the seller.