If I keep a nice updated building that commands a top rent then the value will be what it is.

And if your doing these in your home market even better as you have command and control and can visit the project through the process..

You can also look at the areas of Garland that feed the Richardson ISD.In general, you'll find the North & Far North Dallas areas command higher rents than other comparable looking areas of the Metroplex - ie Southwest Arlington.  

Not knowing the exact address nor the exact shape it will be in after you have rehabbed it, it's hard to say exactly what price this place might command. 

Are the rents currently below what the market will command?

My agent even points out what amenities will command higher rents and what portion of the fee it takes to support that. 

When I read many of the posts from reddit or stories from "The Millionaire Investor", a lot of them were bought at much more lower prices at around $10k-100k.Also I have read about the 1% rule for rents from the book, so a $100k property should command $1k rent per month.

You might be able to divide that into a bunch of lots and build multiple single family homes that will keep and command more value.

So his firms performance over time has evolve to command a high fee and split.

Usually one bedroom apartments are more transient and command less rentHope that helpsGino