Purchase price: $115 Cash invested: $17,000 This is my first fix and flip.

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

In short: $4.25M Purchase Price. 15% down. 3.25% with seven years remaining. 

There are no restrictions preventing out-of-state investors from purchasing rental properties in Texas—these investors enjoy the same opportunities as Texas residents.Additionally, the financing restrictions you mentioned don’t align with reality.

When the home was purchased, it was conventional loan and the basement had tenants.

The latest red flag is his belief he purchased a "fully renovated" property in Philadelphia for $115K.

With a purchase price of $250k, your rent is WAY too low!

Purchase price: $375,000 Cash invested: $30,000 This was a 2 unit that I purchased in 2016 for $375K.

My mother-in-law wants to help my husband and I on our first real estate investment purchase. 

Quote from @Laurens Van swol: We are exploring the possibility of purchasing an investment property in Florida.