We own a 3 bed 2 bath brand new ranch single family home in an excellent community in Martinsburg, WV, which is in the fastest growing county due to its proximity to Washington, DC and Baltimore.

They also matched some of it.

Excellent!

Thanks for the excellent information, @Doug Smith, @Derek Faller and @Jeff Greenberg!

I came across this excellent site after deciding that I wanted to begin serious investing in real estate.

Excellent area and excellent schools.

And that is excellent advice to add parents onto a lease for those properties for students.

Rents won't quite match stick-built, but I know of a really large company in the space that does this quite successfully.

Place the California patch in the hole, with the approx 1" of the backing paper overlapping the hole, then use drywall mud to "seal" in the patch.Either approach will take 2-3 steps to do properly (read that as feathering the patch to eliminate noticeably high spots), then you still have to texture match, then paint.I do like that new product, but to think that patch could be done that easily is a bit mis-leading to me.Enjoy!

Make sure it's in rentable condition (or find out what it would take to get it that way and adjust your offer accordingly) and if an SFR make sure it matches with other houses in the area (i.e. don't buy a $200k+ house in an average $100k community).Also, please be comfortable with where you are.