This is in the east side of Buda in 78610Property price is around 340,000 and the monthly payment for 80% mortgage at 7.125% with property taxes (2.32%), HOA and Insurance comes out to around 2,600$Rental comps suggest around 2200$ gross monthly rent. 

Quote from @Scott Mac: Safety - Inherit a fully paid for SFH, in decent condition, in the neighborhood you live in, and rent it out to long term tenants who you are comfortable with.

That said, weigh the cost of renovations against the potential increase in appraisal.

The right PMC can help you find properties, rehab them and then rent them. - We call this our "BRRR Turnkey" Program.

A real basic guess is 30 houses each cashflowing $1,000/month.In Metro Detroit, this means $1500+ in rent, with the difference convering taxes, insurance, maintenance and vacancy - NO MORTGAGE!

Baltimore Market Snapshot:Multifamily: Baltimore’s got a decent multifamily scene—median rents hover around $1,500-$1,800 for 2-3 unit properties, with Class B and C buildings in areas like East Baltimore or Hampden offering cash flow potential.

You might have a tenant upstairs and a local business renting the storefront below—a winning combination​.2.

Someone from Stay Hikaru reached out to us inquiring about our Tampa property.  They are a corporate housing company. Does anyone have any experience with this company? Here's the link to their website: www.stayhikaru...

Sure, because when you take rent payments out of the equation you can focus on the tenant landlord relationship and providing the best experience for the tenant.All the best!

I think it is best for me in my situation to use an all cash offer, and I don't rent back to distressed sellers.