Allow a pets and I think you will have a great spot.Would adding that extra space/ spending that money be reflected in an appropriate increase in the property value too?

And the truth is that both direct and passive investments have risks and there are always going to be losers and winners in both.Good luck to you.

One less extra software to worry about...

If the property is in a rough part and only rents for 1000 and is harder to manage than a rental that's double that and it's percentage based they gave to be compensated fir the extra work. 

@Kobe Carr Please pay extra close attention to the property taxes on anything you buy in Texas.

If there aren't issues with this and it wouldn't be too much extra work, I'm really just looking for an additional tool to incentivize our borrowers/purchasers to keep paying timely each month. 

Ugly truth is the vast majority of agents out there have no knowledge, conceptual knowledge, or exceptionally limited knowledge in this regard.  

(it will take you 163 months to break even on your cash outlay by paying that extra towards principle).

Maybe if you really like these guys and their work...and feel that they honestly got in over their heads, you could throw them an extra $500 just to appear 'nice'.

To get any cashflow I think I need to be looking for something around $250K, that doesn't need a lot of up front rehab, to give me enough extra for closing and reserves, and in a submarket that will gross 3000/m.