Welcome from Round Rock!

Zoho rocks.

I've run the numbers for both and given my capital ($30k), it is about the same out of pocket to do either, and both scenarios will net me roughly the same monthly cash flow ($300/mo).Purchase another SFRPros - diversification, another property in my portfolio, another property that someone else is paying down the debt, new property would provide add'l depreciation,Cons - more leverage, another property to maintain, rent, mortgage, take on more debt for same monthly cash flowImprove existing SFRPros - improving an existing asset, no addition debt for the same monthly cash flow, less to manage (property, tenant, etc...) long term, increase equityCons - increase my exposure/cash in a single property, less leverage, more to damage by tenant, more equity tied up in one propertyI recognize the pros/cons are not an exhaustive list but just some of the things I'm trying to think through.Are there other "big rocks" I'm missing?

You can buy as an owner occupied and live there for a year without a lender throwing rocks at you.

But as you suggest, the perfect storm of a rock bottom purchase price and a rock bottom rehab, all luck on my side gets me closer to 2 properties, interesting

All 38 of his reviews on Redfin are 5 stars.

Then the Bobcat rocked back and forth a few times shaking the driver good.

@Kev Top From another new guy in Little Rock, welcome to BP.

George, I live in Brownstown, but the post office is Flat Rock.

The tenant at 600 will usually be much more demanding as well as they view they are paying "top dollar" where the other tenant getting under market rent thinks they have a good thing and will not want to "rock the boat".Tenants with under market think they are getting a good deal so they want to take care of small things themselves.I am not saying this is always the case but I see it often.