You have to do the math for 5, 10, 15 and 20 years to see how much you will earn.There was just a recent post where the owner was making a $430 per month positive cash flow and was calculating the cash-on-cash and not the appreciation while the property increased and he earned almost 1300% on his investment plus his positive cash flow.If you can afford the property, afford to make the repairs and the property appreciates by even 3% per year it is most-likely a super good deal in today's market.I just sold about 24 homes in Las Vegas and the home inspectors are so full of b.s it made me sick.

Super responsive and helpful with ideas on what loan programs are best for your situation. 

The Bay Area crew is super helpful, don't hesitate to reach out to anyone. 

Jason super awesome work.

I am not super familiar with where you are at down there by the coast - but I know there are some areas with good returns a little West of Fort Worth.

A positive is that the house has a super cute vintage feel to it with good curb appeal.

Think rust belt to sun belt (a super cycle), think east/west coast high company costs looking to relocate to Dallas to reduce employee costs and be close to key strategic transportation routes (DFW, interstates) linking coast to coast in a few hours.The long term trend of more renters has a lot of legs left (millennials, boomers), cost of a house is going up as well as higher rates so that will continue to keep people renting as well.  

You can get into stuff for super cheap now with MFHA down payment assistance.A good realtor and good lender are worth their weight in gold.

Example: I know making an extra mortgage payment each year is the "WRONG" decision mathematically (super low interest rate on a fixed loan and I could absolutely "do better" investing that money instead), but since it shaves 5 years off my loan, it makes me feel warm & fuzzy and the psychology component kicks in and I do it anyway.Are you trying to grow your portfolio?  

Mark A.I am not a 2nd or 3rd generation of super rich, I am just an average employee in Silicon Valley, making what would be considered a very slightly above average salary...I bought a handful properties in San Francisco starting in 08, the previous peak, and was losing $1000/door/month for 3-5 years...