Single-family home sales jumped 14.3 percent year-over-year, with 4,699 units sold, marking the seventh consecutive month of positive sales;Days on Market (DOM) for single-family homes extended slightly from 66 to 68 days;Total property sales surged 15.2 percent, with 5,800 units sold;Total dollar volume rose 17.1 percent to about $1.6 billion;The single-family home median price increased 4.5 percent to $234,000, reaching a January high;The single-family home average price climbed 4.6 percent to a January high of $291,034;Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last January but above the national inventory level of 3.0 months;Townhome/condominium sales jumped for a second straight month – up 20.9 percent, with the average price down 3.5 percent to $186,582 and the median price down 5.2 percent to $149,750;Lease properties experienced a strong performance, as single-family home rentals climbed 14.5 percent with the average rent up 1.7 percent to $1,782;Volume of townhome/condominium leases rose 5.6 percent with the average rent up 5.9 percent to $1,598.

pid=1697Houston Real Estate Highlights in January:-Single-family home sales jumped 14.3 percent year-over-year, with 4,699 units sold, marking the seventh consecutive month of positive sales;-Days on Market (DOM) for single-family homes extended slightly from 66 to 68 days;-Total property sales surged 15.2 percent, with 5,800 units sold;-Total dollar volume rose 17.1 percent to about $1.6 billion;-The single-family home median price increased 4.5 percent to $234,000, reaching a January high;-The single-family home average price climbed 4.6 percent to a January high of $291,034;-Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last January but above the national inventory level of 3.0 months;-Townhome/condominium sales jumped for a second straight month – up 20.9 percent, with the average price down 3.5 percent to $186,582 and the median price down 5.2 percent to $149,750;-Lease properties experienced a strong performance, as single-family home rentals climbed 14.5 percent with the average rent up 1.7 percent to $1,782;-Volume of townhome/condominium leases rose 5.6 percent with the average rent up 5.9 percent to $1,598.

Hi @Norman T Eng, these days you can get a 30-year conventional loan with interest rates in the 4s (I'm paying a fraction of a point to get 4.25% on my current loan which I'm very happy with).  

My analysis shows that the initial investment was a fraction of what a similar sized stick built property would have cost, the rent received has been virtually the same, the upkeep/maintenance is not an issue if you keep on top of it.

An investor working with more capital in larger properties may see more income, and even a boost in rates to 24% or even 37% on some of that income, but the effective tax rate relative to the entire investment will still be low since only a small fraction is actually considered taxable.So, maybe $200/year in taxes to bring leverage into a deal and boost the return by several percentage points and several thousands of dollars. 

You can find 4-5 bedrooms for a small fraction of what you propose, especially if they need minor sprucing up.

Guaranteed you don't need them and the cost to remedy dog urine is a fraction of what they quoted. 

I'm following closely :)  What is cool is you can buy fractional shares anywhere from $50-140 for token for instances.

Nighthawk is a excellent router (good choice) but if you are only pumping in 100Mbs thru it you are only utilizing a fraction of it's capacity. 

VA loans are a small fraction of the market, and renovation an even smaller fraction of that fraction.