my mom wants out of her place in hurst, and has offered it to me at well below what the comps in her neighborhood are selling for. i keep going back and forth on whether i want to deal with the hassle of owning a place across the country. i have a couple buddies in the area with 10-15 rentals between them and a couple of seemingly reliable property managers so even at ~10% of rent for mgmt fees i wouldn't be coming out of pocket for anything.
we're also looking to buy a new house in the next few years, and i'm not sure how having a rental property could hurt/help me. we don't anticipate moving for a while, however i'd like to be poised to jump should something come up - it's hard to find newer houses on 40+ acre plots around here.
You need two years rental income for it to not hurt you
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