@Michael Breedlove you sound like you have done your research and have made wise decisions on what you currently have.

Maybe not as good cash flow wise as South Dallas, but if the tenant doesn't pay for 2 months of the year, it really doesn't matter.

There is a difference between ROI and Cash on Cash return.Cash on Cash would be the net cash you earn annually divided by money that you invested (cash-wise). 

If they are family, and they meet your opening standards, you would be wise to communicate with them what the next step would be; rejecting someone on paper for no apparent reason could leave you open to a discrimination claim.

I'm not saying that's wise and I don't like it. 

Choose your tenants wisely and know the laws and you can be successful landlord anywhere.

that's a wise move.. and the weather is better than areas that are prone to thunderstorms and high humidity ( Houston) and severe cold.plus is a fun place to visit and no income tax if you can take residency..

Hello BP family!
I have been considering several investments, including student housing in North Florida where one of my kids goes to school.

Would like to hear from owners and investors in the forum. What’s your ad...

--details on income and current situation - income wise i make at least $1,000 every two weeks from my current job.i have, in my opinion a great situation, i still live with my parents however all i have to worry about is paying my phone bill and insurance while bringing in some food on the table, so im grateful for my situation so far since it allows me to save as much as i can.#1 - since i have a place to live already, would it be wise to get a duplex (or better) and just be able to rent all the rooms out?

Investment-wise, I purchased a single family home in Lancaster, CA back in 2010 which I unloaded last year for a decent profit.