It can't hurt (except financially).

Location: Portland, MaineDuplex with 6 beds 2 baths (3 each)Purchase date: 05/01/2015Purchase price: $265,000Reno costs: $35k% Down: %10Morgage Balance: $216,988Morgage Rate: 3.65%Monthly payment (P&I,T,I): $1,556Rental income from first floor: $1,950 utilities included except for electric and internetMonthly expenses est.: $500Estimated rent for 2nd floor (owners unit): $1950 Total estimated rent: $3,900 monthly Total estimated expenses: $500 monthly I currently have a $107,000 HELOC on this property The property appraised by the bank at $383,000 for the HELOC.

Dishonesty is not part of the business except to some unscrupulous operators.

The two mobile homes I mentioned are the only ones I have ever owned, except for one that I bought many years ago sitting on a lot which I was able to resell the trailer for the price I gave for the home and lot.

In my experience, there’s no single first deal (always exceptions) that will instantly make you rich.

There MIGHT be an exception if your job moved more than XXX miles, but I’m betting that’s 100 miles or more.

No exceptions.

I estimated rehab at $90k, but estimates have come in at closer to $105k--the house needs everything except a roof. 

EXCEPT that in Texas, due to property taxes, the expenses will almost always come in at more than half of the rent.  

Also, it would be vital to what products and schemes are popular at the current moment among investors.