It won't stretch far as marketing dollars.

You'd be amazed at how some tenants stretch the meaning of a bedroom.However, if you're plan is to rent out to a Section 8 voucher holder now or in the future, measure the rooms to ensure they meet the minimum (I think its 70 sqft).

I would rather be able to do that, instead of trying to stretch my focus over the entire Houston metroplex.Hope this is helpful for you.

First, We have enough liquid between the 2 of us to do renovations on most any property that we purchase, but because we are starting off and we both have large families, buying the property for cash may stretch the budget a little.  

At those prices it is hard to meet the 50% criteria even when stretching out the mortgage to a full 30 years.

Maybe you are talking about selling it on an installment sale so the gain is stretched out over a period of years.

Looking at the house prices, this seems like it may be a stretch, but worth a shot. 

As a stretch consider agencies placing people in housing.

Buyers need to come with 20% down (this would stretch us a bit thin) or option 2) Get a commercial portfolio loan at 75% LTV, bring 10% down, and have the seller carry a 15% note as a second.

In the city of Kansas City, KS/Wyandotte County, there is a Webster Ave. that stretches from the deep inner city (warzone) in a part of town where I would not suggest investing, all the way west to a much more suburban area near the Speedway, which would be a much safer area to invest.