Live in a Flip: questions and advice please

[Laura Casillas]

Hello BP fellows!

I cant wait any more to start investing! I feel stuck with information and willing to do it so I just want to jump to the action. Here is the situation:

My husband is already pre-approved for a conventional loan.

We will do a 5% down payment because we don´t have a bunch of savings (thank God neither debt).

We are looking to do all the cosmetic work ourselves while living in the house. The money for materials will come from a passive income that we have, its going to be slow but I can live with that.

My question is: should I look for a house just by the numbers or should I consider other stuff like school district. I mention the school district because of my 3 children (11, 9 and 4 years old). 

I appreciate any advice. I know a lot of you have already done this and may have very good points to look for.

Thank you all!!