Hopefully you have a strong lease agreement, she should know that if payments are late there'll be consequences.

@Yashar Fred most traditional rental investors that I know here in San Antonio are getting just over neutral cash flow in year one, when choosing areas where they expect strong rent growth and appreciation.

If you chose to reinvest that money you should be able to make it make much more than $800/month.An alternative approach if you strongly believe that future value will be much higher would be to harvest the equity and keep the property, but the new mortgage would essentially destroy your cash flow. 

Be strong in negotiations with contractors.

Hi everyone i have a off-market 4plex in Missouri that i need help financing fast numbers are looking good its currently rented for 2250 and market rents for 2800 and my current offer seems strong at 225k My issue is financing i have 25% down and want to use conventional financing but looking for a lender that goes off the property and not my income as self employed and it wont work

So there is plenty of cushion for lenders and its a very strong deal.In the past, I have always offer my private lenders a flat 10% return.

My question is if you were me, would you look harder at other OOS markets, or continue to focus on the strong growth in my area but make sure to name my price and stick to it even if it means missing out on some deals that are overpriced.

And while it is expensive to buy, strong appreciation creates equity without having to BRRRR much.

I 100% agree with @Jennie Berger that markets close to downtown will have very strong growth over the next 5-10 years.

If houses in the area are going up and there is strong rental demand, your rental income may go up faster.