I would think you could get a higher occupancy in a destination town like New Orleans but look at past years evidence from the property and look at industry standards.

Impressive Rent-to-Price Ratios: Average rents for 3-bed homes are about $800-$900/month, potentially yielding 12-15% gross returns.Economic Transition: While historically industrial, Bay City is diversifying into healthcare, education, and service sectors.Revitalization Efforts: Downtown redevelopment and community initiatives are breathing new life into the city.Strong Cash Flow Potential: Low property taxes and insurance costs contribute to robust monthly cash flows.Let's crunch some numbers on a hypothetical deal:Purchase Price: $75,000Down Payment (20%): $15,000Mortgage (4.5% interest, 30-year fixed): $304/monthProperty Tax: $100/monthInsurance: $60/monthEstimated Repairs/CapEx: $100/monthProperty Management (10%): $85/monthTotal Monthly Expenses: $649Potential Rent: $850/monthEstimated Monthly Cash Flow: $201Cash-on-Cash Return: About 16.08% (not including appreciation or tax benefits)These are rough estimates, and individual properties will vary.

As a participating contractor of the Hero program I feel for your situation, there are unscrupulous people in every industry.

His expertise, industry insights, and personalized support have been great in my growth.One of the most significant positive results I've achieved from the mentorship is the ability to identify investment opportunities and make informed decisions.

I guess I really just want to gain experience so I can provide value to others in the industry.

Good afternoon,I’m new to the real estate industry and have been actively conducting market research by driving for dollars in the Austin (ATX), San Antonio (SATX), Houston (HTX), and Dallas-Fort Worth (DFTX) areas.

Indeed, the good ones I've used tend not to have a particularly high view of their colleagues in the industry

I have become comfortable talking with brokers and other experts in the industry.

This is fairly common within the industry and a way to reduce administrative costs considerably since you’re not repeatedly negotiating the base terms and conditions of the contract.

I know some very big players in this industry, millionaires many times over, and they are not close to $400k monthly net on payroll.