So buying the right location will become increasingly important here to protect you in the long-termFood for thought.

I know it would have helped me.Now that I am out from under these two properties I am waiting on a HELOC on my primary to get approved I will be getting right back on the horse but with much smaller rehabs.Below is the house that sold today.

So it must be something pretty big, right?

The most recent numbers I pulled for Sherman and Denison SFH shows that the avg DOM for leases are right around 50.I hope this helps!

You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.

I have been digesting all things Real Estate so right now I am working to lower my DTI while saving at least 6-7% for the Owner Occupant down payment (to include closing cost, etc.).

@Sung Yu the above posts are right on the money. 

If this isn’t the right forum, please let me know and I’ll remove the post.

Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!

The fact that you have already owned and sold a rental property gives you a great experience to start from.In terms of the best place to invest - that is whatever place meets your criteria, goals and investing style.Personally flips have not been working as well for me lately, but when we get the right BRRRR deal those are still working well.