Each month you wait is an additional paycheck in your bank account you're missing out on. Go

Assuming your property is a solid house where you've addressed deferred maintenance prior to tenant placement, your ongoing maintenance should be minimal, it's the turnover that eats into returns.

For any given location, the ongoing Cap Rate may remain much the same over time.Good luck trying to predict statistically where Cap Rates might shrink in future.Because of course, that's what you want.

They do not typically pay labor or own the restaurants just take an ongoing  royalty of gross sales and a franchise fee upfront.

You only get a business credit if the LLC has some actual ongoing profitable business established with a track record.

San Antonio is big, diverse, affordable, and stable, which would be my #1 vote out of the three.Floods are definetly an ongoing issue but I’d say Houston weathered the Great Recession very well compared to many of its peers.

Maybe I ran the numbers wrong which is very possible, but your numbers don’t make sense. 70% of the ARV (350) is $245,00020% down of $245,000= $49,000Closing cost-$9,000Rehab- $9,000Making your purchase price at $178,000 to meet the 70% rule. 

I plan on going in and do some renovations after the lease is up to increase my monthly cash flow.

During my search my agent sent me a foreclosure property, I ran the numbers as a BRRRR deal and they didn't work so I told my agent I wasn't interested.

Of course I'm planning on going in with a smaller purchase price offer but I'm sure there will be some negotiation.