I found an off market 4 pack of houses that seem to be in great shape.

The total deal is $645k.Here is the deal:Here's the deal:I have 2 houses/properties I want to buy:Here's the idea--These properties are back to back.

Housing shortage - which in some part is driving the valuations higher in the order of millions of homes short of demand in the country.So, in short, the deck is really stacked against you at the moment.  

Estimates are way way over $100k in repairs and they claim in the appraisals that you can do a roof, paint, flooring, new ac, pool replacement plus pump and plumbing, 100' fence, new kitchen, remodel 2 baths and all new flooring as well as re plumb the house in a 2200sf house for.... $45k!

We bought our house a little over a year ago and at first everything was fine.

In the past I got houses that were move in ready so I did inspections as natural course. 

I am not a big fan of this unless you can earn good money on the cash you pull out; and it makes things a bit illiquid.Conversely... paying off a real estate loan feels good, but at the same time getting cash out of a house that is paid for is not necessarily hard but can be a pain.At times I suggest that people run parallel for a bit... have your cash sitting somewhere earning 5-6% and have your loan charging you 5-6% (or less or more, I know, but...).

I have a house close to Wichita Falls Texas and I live about 8 hours away from the property.

House-hack, house-hack, house-hack.

But, depending on who you're renting it to, they can be rough on the house.