They will take a risk at the beginning and charge a little more. 

We need a significant retail price correction as a catalyst to change that, in WC at least. 

Purchase price: $167,000 Cash invested: $25,000 Contributors: Michael Sgandurra This was a value-add BRRRR deal next to Nationwide Children's Hospital. 5-bed rooms and 1.5 baths.

Are you saying this is zoned as a single-family and is not a legal two-family home?

That’s a GOOD thing.  

We have a property about 45 min from Houston on Hwy 10.

These are places you would spend your vacation dollars with your family to go have a good time for a week or longer.

Diversifying into a high-growth market could balance out your Indiana portfolio nicely.

Depending on the exact location, age, roof construction type, etc, there definitely could be a few things to watch out forAssuming the roof is of a reasonable age, it's still more than possible to cash flow with these properties, even after accounting for recent increases in insurance rates that we've seen.

I would look in to buying a small multifamily and start building a portfolio.