The covered parking area and patios should have adequate drainage to prevent water accumulation and potential damage.Investment ForecastPurchase Price: $849,900Total NOI over 10 years: $308,782.13Year 10 Value: $1,256,336 (based on a conservative 4% appreciation rate)Annualized return: 6.30%ConclusionWhile this property is poised for appreciation, sustaining it over several years for substantial returns would require substantial financial resources due to high debt servicing costs and negative annual Cash on Cash (CoC) returns.

Hey Angela,I would be interested in taking a look at your return calculation because it seems rather low. 

Hi Alejandro - I would say Spring Branch, The Heights, Energy Corridor, and Memorial City area do have some good investment properties and are definitely showing substantial appreciation in the future with the all the growth happening!

You could be driving your car, owned by your LLC, get in a car accident, horribly injure somebody, then hire somebody like me to show that you made a substantial deviation while driving from the scope of your employment, hence personally liable.

We had a lot of luck getting some our multi-family's down substantially this year switching some to them income method.

In some cases, I see that the buyer offers a substantially high price on the property to entice the seller, but that price is offered as a balloon payment in 5, 10, or 15 years.

If I made any substantial additions to it, I would be happy to share it with the community and give credit to the person who made the original.

I bet this increases supply substantially and increases the number of motivated sellers.

Execute the plan, build the units, get the long term financing that covers the extra builds, collect more rent and lastly, increase your net worth substantially. 

The stats for 29,000+ investors on CI, who have successfully built or substantially expanded their business through CI is less than 5%.