Bjorn Hanson, an adjunct professor at the New York University School of Professional Studies' Jonathan M.

Zoned to "sought after" Katy ISD and Seven Lakes High school (one of the top in the state & country, so I am told) in Cinco Ranch. 

G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷‍♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???

They handle everything from tenant screening to maintenance, allowing you to earn without stress.Key Steps:Choosing the Right Location:-Proximity to amenities like schools, parks, and public transportation.

I'd recommend researching areas to see that they have:- Low unemployment- High demand for housing - relatively low inventory- local job creation/booming local economy- high avg/median income- increasing population- low average days-on-market (DOM)- history of rent and property value increases YOY- low crime- highly-rated schools (or above average)I'd compare the target neighborhood to surrounding neighborhoods and/or nearest metro areas. 

Which is why old school janitors use the double bucket mop where they squeeze the dirty water out. 

With a 1-BR condo, the appreciation lags well behind SFH's, but over the long term there's no way it will lose value -- it's near hotels, a major bar/restaurant destination, good schools, and a station that serves the city's best Metro line.

They generate a detailed report on any property that covers extensive real estate data, demographics, crime, schools, projections of appreciation in future years, desirability of neighborhood, etc. https://www.neighborhoodscout.com/about-the-data/For things like flood, wind and fire risk, I like using https://riskfactor.com/

He says the son is going to a local private school for the semester and when the semester is over the aunt is going back to china.

@Juliette Olsen1) Start with generis state or RE Board lease and adapt as you learn from the school of hard knocks.2) You may need an attorney to review lease changes to make sure you don't violate any laws and the clause is enforceable.3) Given your lack of knowledge & that you are OOS, it may be wiser to hire a PMC4) PMC's have their own leases and most handymen.