You will be paying well around 150 (on the low end) per Sq foot for a building that likely has some differed maintenance.

You'd be best to not shoot yourself in the foot by renting it out, even at current fair market rent.

I found a luxury home that is under priced in my market.  It is in a neighborhood that is hard to find a home to buy, let alone rent.  The homes in our area usually rent for $1 per sq foot.Do luxury homes usually rent...

Leave on foot or in a body bag.

That being said, the purchase price is below $100 per square foot and I am betting the steady flow of increasing population to come to the Houston area as it has for the past several years.

You can try to do it linearly but it's not quite as accurate.  

I wouldn't want anything commercial mixed with rental.. to much foot traffic, Laundromats are huge utilities to run and to keep up with mechanical fixes.. and lots of stupid sit in and wait traffic.. big drug potential unless you have a staffed location.  

There are others who maximize leverage, think that you can easily build a cap-ex fund over time (hint: cap-ex issues aren't linear), and don't insulate themselves.Side note: if the market doesn't go down then those highly leveraged investor with no cash sitting in a "wasted" reserve fund will get a higher ROI based on their capital allocation.  

Hello all,I'm looking at purchasing  property (Duplex) which is on a 4,000 sq foot lot and zoned T6-8According to Miami21 the minimum lot size for any sort of zoning always requires  lot size being 5000 sq foot minimum.Per T6-8 zoning density I should be able to have 4 units on this land and that would be my goal in the future. 

We also did date nights exploring the various neighborhoods on foot or on bike.