Only once that has been assessed is it worth anyone’s time to even look at the numbers on the deal.

That is a risk/reward question that you will have to assess. 

In TX I think 2.7% of assessed value for property taxes, $800 for insurance 10% of rents for repairs/ maintenance, and 10% for prop management. 

@Kevin Paglia, as @Phillip Dwyer mentions, with any townhomes or condos, you typically have no control over the HOA and any special assessments. 

I hope someone else has better information or help but unfortunately I agree with your assessment.

Take an assessment of how much $ you have ready to deploy and see if it will get you what you want.

Hello All,I was listening to a podcast this morning and they brought on a property manager who said that many newbies do not take into account that the assessed value of a house resets once it is purchased and therefore the property tax will be different.

Are there resources to accurately assess the vacancy rate of a city?

Edwards makes 20K per month then he would qualify because he doesn't need the rental income to qualify.https://selling-guide.fanniemae.com/Selling-Guide/Origination-thru-Closing/Subpart-B3-Underwriting-Borrowers/Chapter-B3-3-Income-Assessment/Section-B3-3-1-Employment-and-Other-Sources-of-Income/1736864771/B3-3-1-08-Rental-Income-02-05-2020.htm

I've quickly realized there's no quick way of assessing if a deal is good or not, you just have to run the numbers.