Please forward me the contact information if you have any recommendation.

Purchase price: $115,000 Cash invested: $33,396 Sale price: $225,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Otis "Lee" Sams, successfully completed a fix-and-flip on Millgate Drive, Spring, TX 77373.

Problem here is, apart from the zoning restrictions of STR, purchasing a property is extremely expensive.

I’m in contract to buy a property that has a new 2019 tax assessed value above purchase price.

We may have three or four different purchases (to keep the personal items separate from the individual business expenses.) 

I have lived in the property for more than 3 years and we have been the only occupants in the home since it was built.The potential cashflow isn't the best but our primary goals were to build up the equity in the home to be able to potentially purchase other properties in the future with the chance that we may return to the house in the future.The property is in the Castle Hills area in the northern side of DFW which for those who don't know is generally a neighborhood with higher income tenants. 1. 

Purchased rentals that hit the 1% rule!

If you're dealing with a broker, ask him to request that information as part of your due diligence from the seller.RUBS/BILL BACK When there are single meters on a building, you can bill back a percentage (based on location) to the tenant.

One study showed it was cheaper to rent than purchase in 97 of the largest 100 markets.  

Cashflow is not a myth, the deal is made on the purchase and rent to make the numbers work.