Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Personally, I would prefer to use the HELOC approach.

Welcome, Vanessa.. what's your approach to building a diverse property portfolio in Texas?

Using the cash flow to help with your kids' college expenses is a practical approach.

It takes the pressure off as deadlines approach and gives you room to solve unexpected issues.

@Mitchell RosenbergAnother approach is the elimination method.

Whether you're interested in residential properties, commercial spaces, or real estate investment trusts (REITs), there are various strategies and approaches to consider.Real estate investing also involves understanding market trends, economic indicators, and demographic shifts.

This brings me to now, I've taken this approach and have used my own money in lending, but am also bringing in friends and family to take part in these transactions so they can earn way better returns than with CD's.

High-end properties might require a white-glove approach with customized services, while more modest properties may prioritize affordability and efficient communication.

1.25-2 DSCR per property is healthy, and keep cash set aside of reserves per property.