The age of the properties in the area can make for a very cheap buy but you do have to put the money into the rehab and all of that money rest on you finding that right tenant.

So I went ahead doing due diligence with the rest of the stuff. 

You're brain needs a rest.  

So, if the only money you spend is the down payment, and the rest of the money comes from the rent (the tenant), you are NOT the one that is paying the rest of what's owed on the property (principle and interest). 

Even in Richardson ISD, there are 3 particular Elementary school feeder areas that squash the rest of the district. 

From there, like Jamal mentioned previously, based on the tenants income the tenant will have a portion of that $2200 to pay to you and section 8 will be responsible to pay the rest. 

It worked well, rates dropped, properties appreciated nicely & the rest is history.

Floors out of wack, kitchen was 5 feet lower than rest of home, came with all the possessions of the previous owner...pretty much the Investors dream. 

So you take what you spent on that 1 month of SEO out of your paycheck and you split the rest of that money in 2. 1 half continues paying for the SEO efforts, and the other half goes back into driving traffic to your site manually (and more and more am I leaning towards FB ads).Now you are set.

Now they are forced to do PPC, and DMM, and auctions and...Be smart be better than the rest.