you'd find those values a different way.Best of luck!

The plan was to have the properties completed in 6 months make some money and be on our way to real estate riches.Turns out a lot of the framing was rotten and we had to completely reframe the back of one of the houses.

I love the prospect of Frisco but it seems to be appreciated quite a lot.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Jack and Jill homeowners have to pay off their mortgage and buy again, so aren't good SF candidates.All of my SF buys have been from tired landlords that owned free and clear.

@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

One small point of criticism; we were there in the winter and in the evening a lot to play a game or watch TV.

It is a lot of work to build property (more than fix and flip) so prepare to be busy.  

I use Facebook marketplace as my way of marketing my rentals.

but some parts of the country there is lots of old stock that can be recycled.I mean you could go into Gary indiana right now and buy 100 homes straight away..