I look to achieve the 1% rule when purchasing although in the current market it’s not a guarantee of cash flow.

In some cases, I’ve never even seen the property in person since purchasing it.I believe the key to success lies in thoroughly understanding the market and having reliable "boots on the ground" to handle any on-site needs.

Of course, every owner's situation is unique and factors like the legal entity involved, purchase date, adequate passive income that can be offset with the cost segregation study, etc., will need to be considered.

@Anthony Wick hey Anthony, not the first property we have owned, I sold a duplex to help pay for most of this purchase, and have a home in Park City Utah that has a mother in law apartment.

I sunk a large amount of capitol into these when I purchased them just to make sure they were nice. 

Is this purchase on the MLS or through a turnkey company? 

Purchase price: $839,000 Cash invested: $83,900Bought an up/down duplex 4 blocks south of Sloan Lake.

These areas not only offer reasonable purchase prices for most investors but also feature turnkey homes—either newly built or fully renovated, ready for tenants, with systems that still have 10+ years of life remaining, and property management teams in place.

Nobody who has been purchasing section 8 rentals for 2 years and doesn't understand the costs associated with operating these assets sustainably has any business investing other's money.

Since you purchased your primary recently and in Houston, I personally am bearish on your appreciation potential.