Then the test is a bear in Cali, only 12% pass rate...harder than Bar Exam.

Credit - A good indicator of if a borrower is going to meet their obligations is whether they have done so in the past.

@Scott Vaethif your mortgage rate is reasonable i would definitely not use extra cash to pay it down.but give us more info if you want better advice.for example - purchase price, rehab amount, rough new ARV? 

Rents do go up over time (as do costs, but hopefully at a lower rate). 

The FED is not reducing rates (maybe 1-2 times in the fall) but it's going to be 0.25%.That changes nothing. 

While renting to Section 8 tenants can reduce the risk of non-payment, your property must meet specific standards and pass inspections by the Public Housing Authority.Please feel free to DM me if you have anymore questions or if you just want to discuss further!

The most disturbing is the absorption rate in my opinion.

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New unemployment statistics indicate the region's jobless rate actually fell in April to 3% down from 3.5% in March and only slightly higher than 2.9% a year ago, according to figures from the Texas Workforce Commission.

I am only licensed in WA and HI but am happy to have a conversation, show you the rates you should be getting, etc.