@Ryan Dossey, the address is 5931 Arboles drive, Houston, TX 77035 you can check the pictures online, we are working with one of the best realtors in town.A neighbor stopped by when the buyer was doing the inspection and she said that the house was flooded three times, I know she is not telling the truth because I owned the house in one of the floofs that she calimed and it not flood.

She drives a 30 year old Camaro with body damage and bought another junker Camaro (worse than the first) via financing for her 16 year old child to drive. 

Maybe even take a drive to other apartment complex's and ask the manager or employee about it and see why they do or don't have one.

The latter are harder figures to come up with because it can vary so widely, and asset class is definitely a big factor, but not the sole factor.

Seemed like a good gig for someone with drive and time.

@Chris RandInvestors who have rental properties report their rental activities on schedule E.You report rental income less expenses(insurance, utilities, repairs, mortgage interest, real estate taxes, depreciation etc).The great thing about real estate is that you may have a cash-flow positive business but report a taxable loss thanks to depreciation.The difference between cash-flow and taxable rental income is that depreciation is factored into taxable rental income and principal payments are not a tax deduction.generally speaking cash flow - depreciation + principal payments = taxable rental income

I'm leaning on passing on this because of the headache factor. 

I do not see appreciation as a factor in Plymouth. 

You may be able to bid with your lien to drive the price up, but then you may not. 

We targeted the largest growth markets within easy driving distance, and then researched and visited each area until we decided on one, and invest there.