One way to do this is through buy and hold investing since you didn't share if you are interested in flipping or going that route, Buy and hold is your classic investing strategy that involves purchasing properties and holding onto them for an extended period of time to generate rental income and benefit from property appreciation overtime.As an Investor-friendly agent here in the Greater Houston market, I know that Houston and its surrounding cities are great destinations for buy and hold investing because of growing economy, diverse population, and expanding job market.

The singular focus on cash flow is a classic newbie trap, but it often takes years before they realize how bad their situation really is.

It follows the classic 1% rule (rent is 1% of the purchase price)--or is that the 10% rule where yearly rents are 10% of the purchase price...I never remember.

Classic.

This was intended to be a classic BRRRR deal but now that I am at the end of the train I had a lot of trouble finding someone to refinance the house 70% LTV or even close at a reasonable rate.

However, your landlord client neglected this property for A WHILE and in that time 3 squatters Have comfortably found their way into the property and turned it into the classic hoarders home with animal droppings, fleas, and trash from front to back.

I just wish local appraisers were as optimistic as our tax assessors who inflate (taxable) value beyond comprehension.A colleague spent 3 months & a lot of money rehabbing a classic old home only to have it appraised too low.

You mentioned passive income - John Schaub's "Building wealth one house at a time" is classic. 2.

This is the classic BRRR approach.

This was a classic urban infill project...