Under this contract we are allowed to house up to six people under one roof.

Will have all new windows & doors, commercial flooring, peaked roof, int. done very tastefully, exterior fixed up and new street-side wall installed in place of wooden sliding garage door.It's a tidy studio size for students, local workers, etc.

Roof looked OK as well.

I tell tenants before they move in, and it's written in my lease agreement to contact me immediately with any maintenance issues so I can address the problem.I had a tenant once that let a leaky toilet keep leaking until she got a 500.00 water bill.

Roof is in need of replacement ($4-5,000) and could use some carpet replacement and made some laminate flooring and misc, paint, cleaning ($2,000) Property should rent for $700-$750 Per month.

Outdoor vinyl siding 4 yrs. old, Needs carpet except Br's roof approx. 15yr old.

This deals is a very good deal for Houston right now using the MLS, IF your rehab is only 4-8K (the photos on MLS did not show the roof, a/c unit, foundation, or water heater) so that is the big question.Rents in that subdivision in the last 12 month for 3/2/2 are $1120 (4 days on market) to $1300 (18 days on market) so you should have no problem on the rental end.PM me and I can refer you to a property management company here that are investors themselves and have maintenance personnel on staff.I hope this helps.

New roofs, paint, carpet, counters, cabinets, etcRent: $40,800 yearly ($3400/month)Expenses and Vacancy: $20,000 (using information from seller)Mortgage Payment: $9,224Pretax Cash Flow: $11,576Cash ROI: 16%Cash/Door/Month: $188Any comments would be appreciated!

Anything that is decent, multi million downtown buildings, sfr , commercial.Pretty much anythjng with a roof and plumbing.They believe in the city and are holding for centuries.

There were 3 major leaks in 3 separate rooms during the one year that we were there.