Hey Tanya - based in KC, happy to help.

Understanding which industries are thriving in your local market can help you identify lucrative locations.Infrastructure and Development: Look for regions undergoing infrastructure improvements, as these tend to spur real estate appreciation and rental demand.

You can deduct allowable property expenses from that amount, which will help you calculate net rental income.This is because the “cash flow” is the amount received in rent minus what is being paid out, including the interest part of the mortgage payment, property taxes, insurance, and maintenance costs.

Please help.

We did get negotiate money from them to help with roof repair, but now know they were not honest on their disclosure.Our inspector missed  code violations, HVAC issues, pipes that had been worked on and issues hidden that had occurred while sellers lived in the house, signs of drainage and water damage inside the house that had been painted over, completely blocked dryer vent...and we are finding more daily.We have had the house looked at by a structural engineer and HVAC techs  that has told us we need thousands (likely tens of thousands) of dollars worth of repairs to make this property able to rent and come up to code for rental.

I need some helps and advices on my next move.I'm thinking to sell my rental property to get $150,000 cash in hand, then look for a Duplex/Triplex in Garland, Grand Prairie, Irving, or Arlington to do a House Hacking method to put only 5% down.

I will love to network now and offer my help as well to anyone who needs it.

Will this help our economy?

It's really difficult.Some attorneys will help with collections, but their results aren't great and you have to pay them for their time, whether they collect something or not.My suggestion is to turn this over to a collection agency.

I have a great calculator to help figure this out.