Purchase price: $250,000 Cash invested: $52,000 2013 Built in a Class B neighborhood of Houston.

There aren't many co-ops in Southern California, mostly in LA or a senior community in Orange County, but there's not much of a discount between condos and co-ops - at most, 10%.What is your source of the 10% difference data?  

I have family in Houston, Dallas, and the Valley, I was networking with brokers in San Antonio, but the Taxes seem to be quite high as well in that State, although much favorable laws/regs on the landlord side.

Let me know if I can do anything to help, and good luck to you in your journey!

Are you wanting to purchase in the same area of Chicago?

The devil is in the details.   

Bought and onboarded the property in 2022.

A close friend of the family ,who was married, and had a house together got divorced and in between that time, she did a QC and removed her name from the deed.

If your first investment goes South you run the risk of putting your home in jeopardy.

Investment Info:
Condo buy & hold investment.

First primary residence (2 bed/ 2 bath condo) located into a desirable part of Southern California. It's now converted into a cash-flow positive long-term re...