Much better than the Wall Street average.

Purchase price: $55,000 Cash invested: $100,000 1 bed (possible to make 2) / 1 bath on 2 acres.

You could get a 2 bed 2 bath and rent out half to a friend which is still house hacking.

Ideally you want to be connected to the local neighborhoods and streets!

I'm on the cusp of purchasing a 3 bed 3 bath 1450 sf vacation rental in Davenport Florida.

Homes are selling on my street from $460-$525k that are the same size/layout.

Depends on the street the quality of investment could vary.

We remodeled the kitchen and bath, new lighting and hardware, refinished hardwoods, replaced the fuse box with a panel, replaced galvanized lines, painted throughout and partially finished the basement.

We remodeled the kitchen and bath, new lighting and hardware, refinished hardwoods, replaced the fuse box with a panel, replaced galvanized lines, painted throughout and partially finished the basement.

Investment Info:

Single-family residence buy & hold investment in Jonesboro.

Purchase price: $115,000

Cash invested: $17,250

This property was purchased to hold. The equity was what we were essen...