The ones I manage total to 20 bedrooms.These rooms rent for between $125 to $225 per week depending on room size and amenities in the room (beyond basic amenities may include: Desk, Tv, private entry, tenant controlled AC, additional storage).This month after padsplit takes their 14.25% cut of the revenue I am recieving, from the units I own, $15,230 from 3 homes.

If I were to sell, I would look to buy another multi-unit property in a smaller town in the $100-120K range that cash flows $400.

After a third infraction, you terminate their lease and move them out.Take control, or they will control you.

Check it out and see what it's about before it gets too out of control on here. 

As someone who moved to Waco from Miami just because my wife got a senior position in Magnolia, I've met many families and individuals who have come to Waco from LA, NYC, Seattle, etc. just to work at Magnolia, SpaceX, Baylor, and some big churches in town, such as Antioch.

He's a major hard money lender in town and has a fairly simple process to get quick funding.

You can manage D grade rentals in rough areas but in general the most success is from those that manage their own rentals in those areas of town. 

Message me if you want access to some of the best deals in town.  

Imputed expenses are important because they will be included as Operating Expenses when a lender appraiser does its appraisal, and also when the lender calculates its Debt Service Coverage Ratio.Regarding pest control, it's not just monthly roach spraying.

After reviewing the cost to rehab and the area of town, I decided to Wholesale for a quick profit.Sold it on a Real Estate Contract (Owner Financing) with $100k down, the balance is financed at 10% for 13 months, then the loan is called.