Killeen is still a great market for rentals and flips, but not the same gold mine it was 10 years ago.

For me, passive income means generating steady revenue streams with minimal day-to-day involvement, allowing me to focus on other important aspects of my life, like spending quality time with my kids.

These days I have travel nurses and corporate rentals as MTR.

They are not too far off from a 30 year fixed mortgage, sometimes even the same rate. 

Not sure if it's called the same thing in your location.  

Planning to do the same to the second unit in August.We've been doing lots of landscaping and plan to:-replace the front fence-replace the shed -paint the outside -add better ventilation through the roof What made you interested in investing in this type of deal?

Hi - typically Mixed Use properties are going to require a traditional commercial real estate loan from a bank, small balance commercial private lender or for the larger ones a CMBS style loan.However, a newer "DSCR Loan" product for Mixed Use is making a comeback - which is a really great option for smaller properties/more beginner investors since it has all the same trappings as a residential DSCR Loan (30-year fixed, easy qualification, straightforward process) for a property with commercial units.Generally going to be limited to 8 units max and has to be primarily residential in every way (majority residential by units, square footage and rents) but if it fits all that, its a great option

There must be someone available 24 hrs a day.

Even if you can't find anyone to manage it day-to-day, maybe you can find a manager that will help you screen applicants and get them under contract?

Thanks  Am I to assume that by using a company such as oxford house you are not involved in the day to day?