@Michael NotoThey barely can afford the deposit so it’s tough to find a Sec 8 tenant able to pay deposit and first months rent. 2 months is just the standard for getting setup on the program and getting the first check.

You're the 48-year-old male landlord, they're the young women barely out of puberty who don't know up from down.

Currently looking at hard money buying a property doing the bare minimum painting in and outside, flooring, new cabinets, stainless steel appliances and some landscape.

I really wanted this to be a flip but sales in the area are slow or barely existent.

He's barely 2 weeks late. 

@Eric James SlaterFor example: when rented out my parents old house, Mom had all pink walls.

I have driven by the property and two of the houses I found appear to be in good condition, for sure not knowing how the inside of the house may be of course.Thanks so much for your help.Kind Regards,I bought several in Galveston county about 15 years ago but it was bare land.

I’ve mentioned this strategy to many of my friends but they all just want to live in a pretty house they like so they go about it the American way of buying a house at market value that they can just barely afford because it’s in a good neighborhood and they want to live in a nice neighborhood.

Our neighbor is currently building an ADU as well and, while there have been a handful of days that have been annoyingly loud, most days (90% of the time) it's barely noticeable. 

You would be just barely breaking even with reserves for maintenance and any future property management.ADU could definitely be icing on the cake.