It is a colonial style home built in 1850 with 3 beds and 2 baths.

However, the fed announced last week it would start adjusting interest rates, so the libor will likely adjust too because our dollar is much too strong agains the european currencies that influence the libor.

1% is very easy to find in strong rental areas Houston but very unlikely to cash flow due to taxes, insurance, and hoa.  

Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.Besides doing that on here make sure to get out to some of the many local investor events we have.  

Apparently someone put a propane style WH in before.

Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.Besides doing that on here make sure to get out to some of the many local investor events we have.  

Considering how young the industry is I think that platforms want to perform well to gain a strong foothold in this real estate disruption marketplace.

It's a great Biz, and strongly recommend you get in. 

s strategy is a good one but it will be difficult to find a lender who will provide 100% of purchase and rehab costs until you have established a strong record as a rehabber/landlord.

If the answer is no, then I would strongly consider passing.