I'd recommend adding "Austin" so you'll be notified when people talk about your local area.Welcome Manzur!

Collections added their 30%.4 years later the GF threw him out & we were informed he paid us off completely to rectify the hit on his credit.

I added 25% of rent for management, vacancy, and repairs to your expenses.

Post a ghost ad on Craigslist for this property.

I felt like the market could not withstand all of the added units and would be over saturated, however, that is not the case according to research.

(ie. find the value of adding a 3rd BR and find the value of extra SF)-You could estimate the rent premium of the 3rd BR.

You will usually automatic raise value to a house by adding rooms to a property or adding square footage.

It certainly would be a plus to get the extra time added on for repairs without making payments on the carry back.

Cash flow:$1356Cap rate: 0.3These numbers are based on $10,000 down payment, and a mortgage for the other $20,000 @ 6%.This makes the mortgage (with taxes/insurance) $412In addition to the $412 I've added a 10% management fee($75) and a 20% vacancy/repairs allowance ($150)The total is $637, leaving me $113 a month positive cash flow$113 is not much, but I don't NEED the income now, just don't want to get myself in trouble.

Hopefully that makes sense.I have looked into using Green glue product and adding another layer of drywall but I am worried the sound is flanking through the basement or the ceiling.