$1.2 million 10 plex generating $6,850/month - REALLY!!!!

[Rocky V.]

Just received a great deal across my desk......lol.  10 plex in DFW for $1.2 million and generating a meager $6,850/month in rents.  Are people really paying these prices?  If so I have 30 SFRs for $7 million.

[Rocky V.]

@Nick B. Actually in Plano so I can see an appreciation play on this one but I personally don't speculate on my investments and only buy for cash flow.

@Caleb Heimsoth I just picked up a small SFR outside of DFW for $15K. After $15K of rehab I can rent for $700 which makes more sense to me. There are still deals out there but anything less that a 1%er is not for me.