It depends on quality, condition at start of lease, and other factors.Holes in the wall? 

Again, your purchasing power, your subs (or GC) will also determine fluctuation in these costs as well as quality of the finishes, design, etc.

These cities tends to command quality tenants and they have great schools.I personally have rentals in Houston, Spring, & Conroe.You are more than welcome to reach out if you have any questions.

However, we had secure jobs lined up and had predetermined that our quality of life would not be compromised by moving.

You have far more options on loan and line of credit products, and many local banks keep your loans in house which means they're far more concerned about working with quality customers and tend to treat you with far greater respect?

I am now getting my first home and iwant to airbnb the bottom half of the home and fix it up nice to attract high quality travelers.

@Robert Kornmeyer depends on your financial situation but definitely a multifamily is the way to goThey range from 600k-the moon Best value add areas are JP/Dorchester on the path of gentrification Great section 8 market as well and get high quality tenants Allston/Brighton/Brookline is more upscale and Multis start @1m but definitely a market not going anywhere anytime soonSouthie and east boston are great but youre late to the party on those

These cities tend to command quality tenants, and they have great schools.

My strategy is buy and hold for appreciation, quality renters, and turnkey properties.

I would advise that you have all contracts with your contractors and subs to state timelines as well as bonuses for finishing early (without sacrificing quality of course) and penalties (per diem) for finishing late.