Houses I have bought are basically 2 bedrooms and 1 bath brick. Usually 50 thousand will buy a nice one like this. Most of the houses are owned by people who have passed away and kids want to settle the estate and have spending money. Usually we do a quick remodel to get everything in good shape before renting them out. Rent on a home like these runs 500-550 in my area. I would NOT put 250-300 in a rental as folks will simply have no pride in keeping it up. There is a reason renters rent-Most can’t afford a home due to credit. We bought two in the last year for 50 each and they were nice, small homes. Another one in my neighborhood is for sale at 42, but it needs a lot of work.

My plan is to let the renters pay for the homes as they are now. When I leave here my kids will have another source of income to help them out. So far it has worked for me and my wife. Hope this helps.

B

I can't stand a thief.