House is habitable on day of close through contractors will be working there.

House Hacking Strategies: Examine various house hacking techniques, such as renting out individual rooms or residing in one flat and renting out the others.

Are these numbers reasonable for Tulsa (0.9 for rent-to-price ratio and B class neighborhoods focussing on affordable housing) and the duplex should cash-flow about ~$200/door with 25-30% down.For other investors in Tulsa, not targeting value-add (BRRRR, ...) - would you consider this a reasonable deal (don't need a home-run)?

I'm trying to keep costs low while providing value and so I'm doing some shopping around.  

It's true that you can do a longer contract and most wholesalers do but also most wholesalers fudge the numbers and make the ARV much higher than what it's actually worth or the rehab cost is way too low.

Absent it being mandatory I would just go through with the eviction there are far too many good tenants out there looking for quality housing to waste time on one who burnt me.  

The low initial investment and high resale value made it an attractive opportunity.

I'm wanting to build my residual/passive income streams, so I know an onsite manager would be needed once up & running. 

https://www.har.com/content/department/newsroom?pid=2096Houston Real Estate Highlights in June, 2024:
-Single-family home sales declined 11.6 percent year-over-year;-Days on Market (DOM) for single-family homes went ...

Hi, I have a rental house in McKinney free and clear (without mortgage).