Market rent with cosmetic renovation is $1175-$1250 eachLocation is off of south Camp Bowie and I-30 (south of I-30)SFH available in the area on the MLS as of 3rd week of July were selling for $90.90/sq.frThis one is selling for $250,000ARV:$294,000New 25 year roof will be installed, new HVAC condenser/AHU for one SFH, garage door replaced, gutters fixed before closing.Repairs required: paint, replace dishwasher, carpet, a few window screens if renting at market rate.

Although, it sounds like these would be documents an experienced investor would have, not a first timer.

Hello BP community,I'm Anthony Pounds a new investor in South Sound Washinton State.

And it sounds like you have a lot to gain by this deal.

Shingles were in decent shape but a little unsettling- to have to replace an entire roof would be devastating.

it sounds like you are trying to put a small driveway in the front yard.You (or your contractor) need to contact the city/county for the construction permit.

Of course, you have to keep doing deals to keep the money coming in, but if you can add in some passive income over time, you'll replace your active income.

Is that sound advice or should I broaden my search farther south? 

I identify distressed houses to be rehabbed and flipped, or torn down and replaced with new construction.

sounds great, thanks michael