We work with VASH and will continue to do so, but I have to tell you they are our most difficult, and most heart breaking tenants.  

Since then, the husband has been half-heartedly managing this and is looking to get this off his plate (he has another non-real estate business).The building is all brick and has newer electrical.  

It's right in the heart of houston, my particular home is 5-6 min away and 4000 sq ft on a 5000 sq ft lot.

One thing that I have really taken to heart from the BP podcast is that your character/integrity is everything in this business.

Thanks for putting your heart into it.

@Art AllenThat's a great  response and one I'll take to heart. 

This is story about following your heart and being true to yourself despite what other people think.I am an interior designer.

@Matt Bell nice work for a remote rehab.. your cost of capital seems very low did you not borrow much or did you have a sweet heart deal that others who have to use HML would not enjoy.with the unkowns you did very well to make a profit.. and I think a major lesson learned is that you need VERY Large spreads to make these work and be profitable

Following this advice will tend to lead you into the heart of the ghetto. 

Hi @Peter Shaw, I think your heart is in the right place, but I have a feeling you have more research to do if you're going to find cash-flowing rentals in Austin.