Hi @Taylor Kennison,Closing costs do not scale up and down in a linear fashion with purchase price or loan amount.

You figure if rent was $1000.00 a month x 12 = $12000.00  times 15 years = $180,000.00  so "Pull the trigger" and shoot yourself in the foot so you won't trip over handing him his notice.. or late rent fee notice... honestly I'd love a tenant like this all year long. 

My husband is an electrician & I'm a nurse, we're trying to get our foot in the rental/flipping world.

Now, I am looking forward to set foot in Texas!

I just started looking into wholesaling and I thought it would be a great way to get my foot in the door with sellers and to build relationships with investors.

I have looked a lot videos on wholesaling (how to put house under contract, then wholesale it to investors or rent-to-own tenants), but I found limited info on following technical details:1. the right entity to do who...

Very often gets very expensive and without being in areas that are $150 a foot or more you have to be really tight on your rehab numbers. 

I'm glad to keep the place rented, but feel like I'll be off on the wrong foot with these guys.Any thoughts?

Most apartment complexes are close to full occupancy.Downtown rental inventory expected to grow by more than 10 percent in each of the next two years.Downtown rent prices last year grew by 8.2 percent to a record $1.34 per square foot.

@Patti Robertson  try some life estates we just took possesion on one of those we did 9 years ago.paid 80k  lady was losing it to taxs all she wanted was to stay their until she died.subdividing it into 3 lots going to build 2000k sq ft homes  at 120 a foot and sell for 350 a foot.now I don't know what I could have done with the 80 .. but i will take a over million dollar profit on a 80k investment anytime... for all I know i could have lost the 80k on some dumb investment  LOL