There is risk of course with negative average cash flow but appreciation in DFW has been consistent for years.I bought a 4 bedroom single family and am renting the rooms out, it might be something to consider as it's house hacking while being more affordable up front.

Currently there are 2 bedrooms in each unit.

This is a classic that's very talked about a lot on BiggerPockets: adding bedrooms and find the best use for any property.

Has 1 conforming and 1 non-conforming Bedroom in the basement7.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $60,000

Cash invested: $40,000

Sale price: $145,000

This home was owned by a woman who had started to deteriora...

Purchase price: $249,000 Cash invested: $7,000 2nd New Construction DealProperty details: 4 bedroom 2.5 bathroom single family house.

I've also negotiated deals with large manufacturers like Lamborghini, Rolls Royce and Kawasaki.So that is one angle, but what about just traditional rental setup where I try to find long term tenants who can afford to pay $4600+/mo to live in a large 6 bedroom house?

Instead of walking them through an apartment and explaining the value of a walk-in pantry or apologizing that the bedrooms are kind of small, keep quiet and let them figure things out on their own.

I'm currently using a hard money loan for while I do a bedroom/bathroom add, with the plan to cash out refi on completion in a couple months.

:Unit count = 8-30 unitsLocation (Neighborhood Grade): B or C+ NeighborhoodYear built: Between 1960-2000 (Preferably 1980 or newer)ROI: 7% Cash on ROIRehab Scope Needed: A maximum of $9,000 Interior RehabOccupancy: 85% Occupancy (Minimum)Unit Mix: 1 Bedroom unit shouldn’t contribute to more than 50% of total unitsConclusively, sticking to your criteria mitigates the downsides!