It is lower income high poverty and not in the best school districts.San Antonio has two loop highways around it.  410 is the smaller one and 1604 is the bigger.

A gentleman I know quietly, one-by-one, began acquiring 2 bedroom "cracker box" houses just two blocks from the highway and converting them to STRs. 

This is an outstanding article, I never really considered any of this!!

Meaning after all liens or outstanding balances are deducted from ARV or resale price you can calculate your best offer price.Overall, standard due diligence still applies, if it is allowed I would still inspect, clear title, and pull COMPS.

Business accounts with personal guarantees don't show up on your credit report.What that all translates to is even if it's a 0% short term loan, it can have an affect on the price of everything from your car insurance to your personal outstanding credit (if you have any).Another thing to consider is credit card companies can (and will) drop your available credit instantly when things go south - I had this happen on a HELOC of all things back in the 2007/2008 time frame.If this is a strategy you want to use, I would also recommend working through a monitoring agency such as creditsesame.com (they have a free portion that I use) to manage the risk.  

Right now, I like the area near Highway 80 and Division St where the new Amazon distribution center is being built.

Another area i've been excited about are the the towns along highway 2 heading towards Stevens Pass (Gold bar, Index, Baring, Grotto and Skykomish).

Even if a property is 3 miles away, you will notice price difference if it falls on the other side of the highway for example.

Lenders like me want you to leverage the property, but interest will be right around 1%/month of what you have outstanding on the loan.

Steve, Donny was outstanding.