The rest would fund buyouts and elevating buildings in low-lying regions along the coast.Recently, the official total Harvey damage estimate was increased to $180 billion.

If you are in a single family detached with some privacy in between houses, then I would understand your position more and ask the landlord to please tell the nosy neighbors to feel free to call  the police if they believe there is drug activity or noise complaints because there is not.  

As for appreciation, we see that the market is slowly starting to creep up as the economy starts growing again and FDI is increasing.

Cost segregation typically increases your cash flow by approximately 3-8% of the total cost of the real estate assets. 

Rents increased as well, and I jokingly told my dad he was charging me way too little.

I am from the area originally and am looking to invest now and increase my investing once we get over there.

Use the cash for a good landscaper to increase the curb appeal.

Finally, you would get more privacy than living with your parents. 

The downside is that the rates are generally going to be higher than a standard conventional mortgage (aside from an introductory teaser rate) and the rate is probably variable and will increase as rates continue to move up.2.

Since this is your first investment property, you're probably going to need to put a lot more than just 10% down.Vacancy: 8%Repairs and Maintenance: 10%CapEx: 10%Property Management: 10%Sales Expenses: 5.8%I also increased the taxes slightly to be more accurate for this areaAs you can see below, the numbers don't work out well at all.