@Michael Daniel Ultimately, it's all about confirming what the housing authority pays.

So the question is whether your house is a good rental investment long term.

Are you planning to sell the house after you finish the rehab or rent it out? 

Your biggest issue is that $50k may not let you get a nice house and have any reserves.

A house that's similar, but 10% larger than another usually isn't worth 10% more.

Don't forget to annually mark time for vacation or family time.You might consider hiring a teenager part time if there's something that is time consuming (for me, putting out 20 open house signs then picking them up).Best to you!

Keeping my eye on the worst houses in the best neighbors that need some reno that I can turn into STRs or LTRs.

First house, we are living in it while flipping.

Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

-Bill Mcbride newsletter if you want narrow and deep insights about weekly trends in housing -JBRE is a good one for deep dive on housing stats.