New Member from San Antonio

[Hong Vu]

Hi there, I am a newbie, interested in doing real estate investment in my home town, San Antonio, TX ( been here for l2 years). I have been doing some research, come up with the plan: Buy and hold rental houses: 1. Locations: Stone Oaks vs Alamo Height vs Medical Center. 2. Type of properties: Entry level single family houses. 3. Finance: Will do 20% down payment, price ranges 200-300K 4. Will use a management company. 5. Raising money now, likely will be able to buy the first one at the end of the year. Needs your advices in all aspect. Thank you

[Tim Macy]

I'd go with Med center @Hong Vu, there are still some cash flow opportunities in that area.  Rent/value ratios make Stone Oak and Alamo Heights hard to cash flow.