Find a deal, show it to an investor doing deals.

Your criteria look good for finding properties with solid equity and motivated sellers.

How did you find this deal and how did you negotiate it?

You could maybe find a market for those relocating by offering month to month.

How did you find this deal and how did you negotiate it?

You will learn a lot from the forums and podcasts available here but also don't be afraid to branch out and find local real estate meetups in your area.

I'd say if you find inventory to buy in Houston that is close to these guidelines, I'd go for it.

I've found that some of the zipcodes on the northside (32208, 32209, 32206) have adequate opportunities to meet the 1% rule; however, with some deeper looking you most definitely can find properties elsewhere in Jacksonville that may not require as intensive of management as Ken mentioned.

@Chris Seveney Yes, plenty of times and have much experience through work/career, just looking to do this on the side for myself now. 

My insurance currently covers this until the unit is rebuilt, with the rebuild expected by November 2024.The Big Question:Once the rebuild is complete, the insurance payments will stop, and I'll need to find a renter.