I'm gonna view the place today but from the pictures it looks nice and the building looks well kept it's just 44 years old.

Purchase price: $400,000 Cash invested: $225,000 Sale price: $789,000 Purchased this single-family residence, with a stunning view of the hill country.

Investment Info:Single-family residence fix & flip investment in Jonestown, TX Purchase price: $400,000 Cash invested: $225,000 Sale price: $789,000Purchased this single-family residence, with a stunning view of the hill country.

Purchase price: $400,000 Cash invested: $225,000 Sale price: $789,000 Purchased this single-family residence, with a stunning view of the hill country.

Investment Info:Single-family residence fix & flip investment in Jonestown, TX Purchase price: $400,000 Cash invested: $225,000 Sale price: $789,000Purchased this single-family residence, with a stunning view of the hill country.

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View report*This link comes directly from our calculators, based on information input by the member who posted.Is this a good deal?

There is a fine line in my view as to whether the Govt has any business telling someone what to do with their property. 

I appreciate the opinion, truly, but I don't see your point of view from these numbers. 

In my view, smaller apartments are ripe for acquisition (i.e market inefficiencies, etc.) since fewer shrewd, sophisticated GPs are available to make offers.