You will barely break even, maybe even operate at a loss when you consider maintenance & vacancy.But if you are looking for appreciation, then Morrisville is probably a safe bet.

USAA initially appeared to be helpful but second conversation w/ their adjuster they do not accepting liability.  

Once the bank appraiser sees it bets are off. 

I’ll bet they say, “Not unless you want to pay us in truckloads of cash.”Whether or not this clause is even enforceable is another question, but why even purchase that lottery ticket?

Look for strong markets and if you find 5-6% cap rate, that'll be your best bet.

I only set people up on drips if they request it, but the way it works is you're supposed to funnel things down by either finding properties in the drip, or having the drip adjusted with very specific parameters.

@Lucian Guadagnoli most answers to a question start with "it depends" I can tell you new builds are over $100 a foot (more like $130-150) with out the land (so add the cost of location to that) so that would be the most, then adjust downs from therethe phrase "it depends" applies to location, quality, functionality of the floor plan.

So after I got smart, we went room to room, how the air vents worked with the HVAC, open and close the vents, not the temperature of the house, how to turn shower and tub off an on, adjust the water, use each appliance, including the basics of how much can fit in a washer, difference of a freezer and frig, how a vacuum works, removing dirt, how to lock windows and doors, everything!

The most common portfolio style loan in Texas is a 20 year adjustable rate loan.

Heck, I bet there are people who have remodeled their whole house including the guest house and written it off to the rental....