So our PITI on the home is $4,020/mo.Keep as rental- Market comps suggest a wide rental range - $3,800-$5,000+.

We have done all kinds of deals on our own ranging from buying, selling, flips, BRRRRs, and now are also invested in commercial properties along with our SFR portfolio.After retiring from the Navy last summer (2023) and working in a corporate office for 18 months, I have made the leap to working for REI Nation, the country's premier turnkey investment property company.

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

I would leave 10K for anything that comes up after the fact. 40K would be 120-160K range on a SF.

The main issue I've come across is that everything in this price range would be cash flow negative.

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

The rental market in the mid to higher price range is a bit lacking so having a rental in that range should go quickly.

Financial objective- 100% to 400% cash on cash or don't do it.

Prop tax ranges from 2.5% in fate to 2.16% in Rockwall city. 2.16% is some of the lowest you'll find in DFW. 

Cleveland has one of the lowest rent/price ratios in the nation.When looking to be under $100k, Cleveland will be the better option because you're not going to find any rent-ready deals in Columbus at that price range.