@Stephen Fleming your cashflow probably won't be what you think it will be:(Have you factored in the new property taxes at homestead millage rates?

The greatest property tax sale state

That said, I highly recommend speaking with a local professional in the DFW area to get insights tailored to your specific goals.

We did that for about 3 years until Jeff informed me he'd fallen behind on property taxes, and all of his lenders called the loans due.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I'm a local real estate broker, investor, and manager (100+ rentals, mostly Airbnb/STR and multifamily).House hacking is a tried-and-true method and in Sacramento you can produce some meaningful income while enjoying the appreciation and tax benefits of owning real estate.

That will show what proposed tax increase you will see.

Also, you will have additional occupancy tax depending whether you are in the city limits or not.

I'm starting out doing redeemable tax deeds and going to auctions where everybody has "bigger pockets" than I do.

I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...