That one month of lost income will take seven months of cash flow to recover.

It’s great that you’ve already identified zip codes like 73128, 73170, and 73135; they all have unique advantages worth exploring.I agree with the earlier response—73170 and 73135 are solid picks.

Floating rate loans may help cash flow early in deal, but put a lot of risk into deals. 

You know those signs that say "we buy houses for cash" call them and say you are investor looking to buy a flip. 

This property will lose money for anyone not paying cash, and if they are paying cash they will make a very low ROI. 

Not sure where you are, but might be worth the drive.

Hi Bryce, I think the age of the home will never affect the cash flow or even how much it really appreciates. 

The program is neither good nor bad, there's just different pros & cons compared to cash paying tenants.Have offered to schedule a call with you numerous times to try and assist you, but you seem to prefer posting & posting & posting - which will take so much longer:(What are the chances you'll actually invest someday, given how long it's taking you to do basic research?

Not sure what the property is currently worth.

I tend to invest more in South Abilene and many in Wylie ISD but have seen investments produce good cash flow all over Abilene.