I had a high school basketball coach who wasn't easy to play for: he had the practices jerseys made with the term No Excuses on the chest.

We play basketball, watch a lot of TV, and will buy products endorsed by celebrities.

The seller had owned it since 1949. 4 Units 1BR/1 bath each (these are true 1BR units, not walk-through or "shotgun" style)3 units currently rented at $525, $525, and $550/month1 vacant unit that's turnkey and we have listed for $550/monthThere is a detached garage that should rent for at least $50/month.Gross income = $2200/month, $26,400 annually. 1% rule = 1.19Sales price: $179,900Seller put $3,000 toward closing costs and credited us $4,000 for a handful of minor repairs that came up during the inspection. 30-year fixed rate mortgage at 4.25% with 25% down ($664/month)2016 Taxes: $2,009Insurance: $983/yearTotal PITI: $913ExpensesWater, Sewer, Trash: $218/monthVacancy & Credit Loss: 5%Property Management: 10%Maintenance & Repairs: 15%Total Expenses (w/out P&I): $1127 (52%)$2200-1127 = $1073 - $664 (P&I) = $409 cash flow/monthCash out of pocket (inspection, down payment, closing costs): $45,981Estimated cash-on-cash return: 10.67%This isn't a screaming deal by any means, but it's a solid base hit that gets us "in the game".

My son has a basketball game back home in College Station at 6:10 pm.

And the game really starts.

I eventually want to have a few rentals, but fix and flips are what I really want to focus on and I hope to graduate to the commercial level.I also coach youth basketball, another passion of mine along with real estate investing.

I know Hillsboro would do well especially during the basketball season and people are always traveling to Oregon for business trips. 

Rocket's retail division is on the higher end of the scale because they have super bowl commercials and basketball stadiums to fund.

I'm definitely ready for the football and basketball to start up again.I think your path of flipping leading into long-term rentals is exactly where my partner and I are headed.

-Game Room: set up a dedicated game room with a pool table, foosball table, or even a basketball hoop for some indoor fun.