There is a local REI.

I'm looking to BRRRR in the Beaumont/Golden triangle area given the low price-to-rent ratios and availability of inventory below 100k.Would be grateful if any locals or investors in the area could share some pointers.

To discover suitable investment opportunities, it is crucial to conduct thorough research, analyze local market trends, assess rental demand, consider job growth, evaluate neighborhood dynamics, and anticipate potential appreciation.

Whether you're buying or selling, consulting a local realtor is key to navigating the ever-changing landscape and achieving your real estate goals.

Both properties fall into Class B- category and has no HOA and no rental restrictions.Here are the details for each property:Property 1:3 Bed, 2 Bath (1020 sq ft)Purchase Price: $250,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $50,000 + $30,000 (rehab) = $80,000)Projected Rental Income Post-renovation: $2100/monthProperty 2:2 Bed, 2.5 Bath (1168 sq ft)Purchase Price: $230,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $46,000 + $30,000 (rehab) = $76,000)Projected Rental Income Post-renovation: $1900/monthThe location is moderate, with amenities like shops, restaurants, a mall, and a baseball stadium within a 5-mile radius.Considering buying both as they are in the same building, the total cost and income overview would be:Total Price for Both Properties: $478,000Down Payment & Closing: $96,000 + $10,000 = $106,000Total Renovations: $60,000Total Price (Including Renovations): $478,000 + $60,000 = $538,000Total Out of Pocket: $166,000Projected Gross Rent Monthly: $4000The rate of interest for the mortgage is 7.5%.I am currently evaluating: A) The break-even point for two townhomes considering a cash investment of close to 32%.

Of course I only invest locally so I am able to keep a pretty close eye on the places I get.

They were doing OK, but not as good as our local RE. 

@John WilliamsMost likely will flatten out but depends on specific locale.

Hello all,      A local landlord in my area has offered me an owner-financed portfolio and I am attempting to decide on moving forward with or running and would love your thoughts. 

The best way I can say about this is search up your local sober living homes, find out who the owner is and talk with them.