These lots will retail at $250,000 to $280,000.00 with water view and $85,000.00 for the interior lots.

It covers a range of things including how to protect family assets.John Corey

Hopefully, there are people here with answers.1) I am thinking of homes in the $125K range (homes are cheaper in the midwest, but this is still in the lower 15% of homes in my town), so that I can purchase more than one over the next 12 to 18 months.

The water heater must also be stored in a seperate room from the rest of the basement then.

It has outstanding access, a wide range of prices for housing, it's very clean, great schools and can you tell I am biased when it comes to Plano?

I am looking to buy an investment property in the $90-$145K range.

Thanks.5 Unit aparment house in Rhode Island7 Parking spaces for add. incomeAking 299,000Purcahsed for 250,000 ( 16% less than asking price ) 299,000 - 250,000 = 49,000 / 299,000 = 16( 25% Down{50,000.00})200,000 mort.30 Years7.8% fixed1439.74 monthRental Income525.00 for average unit ( This may be off for this area or not )Gross Monthly2625.00Yearly Gross31,500.00Parking Space Income175.00 month ( 7 x 25.00 = 175.00 )175.00 x 5% vacancy = 105.00Parking Space NOI 1995.00 yearlyExpensesGas ( 50.00 month, 600.00 yearly )Electric ( 100.00 month, 1200.00 yearly )Water ( 70.00 month, 900.00 yearly )Total Utilities ( 220,00 month, 2640.00 yerly ) Vacancy ( 131.00 month, 1575.00 yearly) (31,500 x 5% = 1575.00) Taxes ( 275 month, 3300.00 yearly )Insurance ( 100 month, 1200.00 yearly)Yearly Rehab ( 75 month, 900.00 yearly )Yearly Maint

I agree with you when you said "cash is king" but how about properties that are in the 250,000 - 300,000 price range ?

In Texas, this means watering in the summer.

There is a new four car garage with EDO, the tenants use their own washer and dryers but the owner's water and electricity.