House #4 and #5

So we've officially turned over House #4 to the management company and they are currently trying to place a renter.  I know they've turned down a couple but hopefully we will have someone in there soon.

We've identified House #5 and put in an offer and it's accepted.  This one is in the Jackson area.  We bought it for $93,500 and already have a renter for $1,100.  I'll let you guys do the math on the cash flow of that one.  It's very nice.  These are the kind of deals we're still finding.  We're always on the lookout for these types of houses.  I'll keep you updated as we go through the process.   This will be the 5th house which is a significant milestone for us.  After we sell House #1 and purchase House #5 we'll have 4 houses on the books all making around great cash flow.  We'll then have enough money in the bank for at least 2 more houses immediately. so we'll be back in the hunt again!