Should I buy these types of Rentals???

[Exo Dallas]

I've been debating this question for the longest time, please give me you input (pros and cons). One of my targeted market for SFHs are 3bd/2bath in working class neighborhoods. The issue is that most of the houses in these areas are RENTAL houses and will probably will always be rental houses (ie, you will make more renting them then fixing, flipping them). I'm a buy and hold guy. How long am I holding??? At least til I pay it off the mortgage, which is about 10-15 yrs.

The houses usually, runs about $65K (that total cost, purchase price, rehab, closing costs, holding). And they rent for about $1000. My credit is great, 790's range, and I can get these at about 6% mortgage rate.

So, my question is this. Is it wise to invest in these houses, if the only option is to always rent them???

Thanks!

Exo