There are many considerations when it comes to renovating the right way.SummaryIf you just want to buy properties and you do not care if the rent keeps pace with inflation, is reliable, or persistent, almost any location will do.

Thanks so much for the advice, actually the reason of my consideration of the Sugar land is the schools there.

@Ross A.When your IRA borrows, special considerations apply.The debt instrument must be non-recourse, meaning no personal guarantee from you.  

With your numbers you would be better off placing the down payment in an index fund putting 1800/yr into it, and anticipating 5% returns and you would do BETTER with less headache and uncertainty.Then just down the street I bought a 4b/2ba house that was 1500 sq ft in Sterling Heights with Utica Schools it was $92K which needed $13k in work.

That's some thing you may to take into consideration in your numbers.   

In all instances, the number of bonus ADUs would be physically limited by FAR, lot coverage, and height requirements.

You will also want to take into consideration the fantastic tax benefits and extra cash-flow available for owning a commercial property.

If your holding period is less than 5 years, you will need to take into consideration buyer demand and average appreciation rates for a SFR vs.

Thank you everyone for your consideration.

Did you take into consideration how much the listing agent listed them for or just what the area comps led you to believe?