I own several single family rental homes in Spring, TX, and I think my current property manager is ripping me off.  

I personally think they are awesome looking and worth dealing with a little water.

Please let me know what questions you have and any more info you need.Here are the inputs:Purchase Price:  $171,000Interest Rate:  5.125%Down Payment:  15%Total Amount Brought to Closing (down payment and closing costs):  $22,875Gross Rental Income When Bought:  $1,050Gross Rental Income 1 Year Later:  $2,450Monthly Water Bill I Pay:  $83Property Management Fee:  Assuming 10%, but I manage this property for now, so for now it is 0%.  

However, if the roof is bare in spots, water damage shows, flooring is missing or is a hazard, etc. etc.,  then you're best off with private/hard money.

Am sure you will enjoy both.I live in Hot Springs and in addition to buy and hold SFR I do loans.

Owner is selling his motorcycle to pay the mortgage due to wifes medical bills. He is married, employed, and has a couple of children. Before I contact the owner, I would like some feedback from the BP community on ho...

The roof, boiler and water heaters are all new.

It already has plumbing for a sink and water hooked up.

Buy this for your tenant:pet bowl with moatFill the moat with water.  Ants

It says it has upgraded plumbing, water heaters, and electrical.