What city in Texas are you located?

They’re located in PLEX.  

.- Located in a C- to B neighborhood—close to amenities and mostly safe but not for everyone.- Converted to a rental in 2024; initially rented for $4,750/month, but tenants moved out, and the soft Bay Area rental market has made filling it challenging.

I found the home as a for sale by owner by owner and it had a four car garage in a great location with a large lot.

It is important to look for locations with strong economic growth, rising demand for housing, employment, vacation and infrastructure developments, as well as properties that offer the potential for value appreciation or steady cash flow.

I drove to the house, explained the situation to the tenants, and emphasized that we needed to locate the leak.When the utility worker arrived, he wasn’t in the best mood.

There are a multitude of factors that come into play such as the type of property and its location, and the structure of your investment portfolio.

Quote from @Mark Pedroza: Quote from @Sergey Tkachev: Quote from @Mark Pedroza: A warm welcome @Shannon Bloomfield@Sergey Tkachev holds a monthly meetup in W Sacramento the third Thursday of every month.It may be a drive for you from where your located but maybe I'll see you there ....Warm regards.... 

I’d love to hear some perspectives from more experienced investors on what you think about the info below:$75k for a 5bd 3 ba manufactured home that rents out each room for $500/monthPros:Reliable tenant paymentsCheap purchase price relative to income generatedPotential for ~16% CoC ROICons:Long distance investment (requires property manager)Month-to-month leases per bedroom (& no deposits collected)Located in Utica, MS – not a thriving market for rentalsManufactured home – not sure this type of home will build equityUnsure what kind of tenants live here Hey Molly!

I think prices vary depending on location but I pay about $10 mo.