Also, it will give you a chance to do a walk through with your original tenant and make sure there aren't any rollover damages from the original tenancy that the new room mate may not want to be responsible for. 

Basically you need investors who have a lot of cash parked in a money market and aren't sure what to do with it --- the stock market is volatile but they know their savings are losing value every month because of inflation.

In either case the numbers have to work and you should check the rules if you aren’t planning on occupying it.

Thanks  As landlords we have to understand that our tenants aren't going to live how we live.

Small amounts of cash flow here or there aren't all that relevant in the big picture.

If you aren't under contract with anyone then using a network of realtors to get deals sent your way is a good way to get competitive pricing / listings. 

It will show the sellers you aren't playing around.2.

Realize wholesalers aren't where the deals are at.Step 4. 

I work a full time job and so does my wife so we're working on real estate on the side and aren't particularly wealthy so we're funding through frugality.Here's the situation.We live in ATX where buying property is generally expensiveRents are relatively low compared to Home Values and the 1% rule never ever comes close hereWe currently own 2 duplexes. 

Look where others aren’t to find the good deals.