Real estate websites like Redfin and RealtyTrac have sections for foreclosures and pre-foreclosures.You can search by location and filter for properties in Georgetown and Austin.

We did a full gut rehab, and it appraised for $193k with each unit rented at $1,200/mo.If you want some Detroit specific resources I'm happy to share. 

The accounting entry would be debit to interest expense, debit to loan payable, debit to taxes, credit to cash.P&L would reflect rent as income, Less all the expenses, including property tax.

Rented it for a few years then slowly started making updates to increase rent.

Both are located around Houston, Texas.

In terms of location I still haven’t made up my mind but as I’ll be in Andalucía for the majority of my first year I’ll be poking around the major cities there to see if there’s any worthwhile deals to be had.

Otherwise it is probably going to be a money loser, or making so little money that it's not worth the time unless you are rent shifting, which is evil but is how the large PM companies manage to make these properties work.Most of those higher producing properties are in the resorts.

It begs the question, in order to afford a rent, afford an investment property, or a primary home, will price start pushing people to forget the first three rules of Real Estate (location, location, location)? 

What about charging another $25 a month in rent?

Hello and thank you for responding/helping me to get a better idea of moving forward.So, Yes, I would likely be able to move my main business to a rental location and preserve most of my income.