Turnkey 5-room PadSplit in New Braunfels, TX, between San Antonio and Austin on the I-35 corridor, already running on PadSplit. Subject-to sale: take over the existing 1st mortgage (~$225K balance, 3.5% fixed, PITI $1,713/mo with taxes and insurance escrowed, ~23 years left, no balloon, current). Entry is ~$91,300 cash to close, which covers the 2nd lien payoff, all closing costs, and my fee. Seller financing is available on part of the entry for a qualified buyer. Trailing 12 months: 9.1% cash-on-cash, 16.2% total return. With all 5 rooms full: 16.9% cash-on-cash, 24.0% total return. I'm the owner/seller, not an agent. Message me for the full deal sheet.