Bought another investment property in DFW area
Bought at $157k
Repairs: total $40k (It will have new HAVC, new water heater, with foundation repair, new French drain, gutter with leaf shield, paint the whole house, remove popcorn ceiling, new doors)
ARV: $235K-240k, 3-2,1610 sqft
Rent at $1650-1700
Repairs- foundation ($10k for lifetime warranty or $5500 for 10 yrs warranty interior and exterior piers); painting and removing popcorn $5500, French Drain and gutter; flooring