They can have linear, slow-growth for a period of time followed by period of moderate cyclical-style appreciation.

Moderator Note: Please do not ask for the address, or offer to purchase or list these homes in the forum, this is considered deal making and is against our rules.

Roof condition is moderate.

In my price range I’ve found that moderate renovations will get the job done, bring a decent return and the units can rent at market value.

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According to Chapter Five, “An outright gift of the cash investment is acceptable if the donor is- the borrower’s relative- the borrower’s employer or labor union- a close friend with a clearly defined and documented interest in the borrower- a charitable organization- a governmental agency or public entity that has a program providing home ownership assistance to low- and moderate-income families, or first-time homebuyers.”

I am glad to see that there are active moderators.

Texas is moderately expensive on the ol' property taxes and if it's an 8-cap and we use $45K the purchase price would be around $560K

 I might be moderately nervous to approach and request a loan from this person.

The property just need moderate rehab, but I may try to add a room in each unit.