Interested to hear from both seasoned pros, and people who got into this area of investing recently.....

Quote from @Gary Campanaro: Hi Everyone,  I recently had a last minute cancellation due to Covid (same day cancellation).  

Hi Shilo, if you haven't would recommend doing research on recently sold properties to determine the ARV of a renovated property in those areas. 

I am an investor from PA and recently moved to Houston. 

The most common answer, especially in recent times, is highly levered, floating rate debt.This is not the only answer, by any means. 

Well was also recently completed 2 years to get to this point ? 

I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

I used to live in Katy and still flip in Houston, but recently move to Florida. 

I recently saw a YT video on SDIRA wealth with Morris invest and called them.

Hello everyone,I recently evicted a tenant and had to concede to the demand to conceal this eviction record during the negotiation.