Newbie investor looking for an out of state property in WACO, TX.

[Jonah Lamour]

Hey BiggerPockets, i am interested in purchasing my FIRST RENTAL PROPERTY or FIX & FLIP in WACO, TX. Looking to connect with current investors or newbies like me in that area that I can help add value to their team. So please comment below if you know of anyone in Texas that is an investor that I can connect with.   

[Grace Wang]

@Jonah Lamour Fix/Flipping is an awesome strategy, but have you considered house hacking? House hacking allows you to gain first hand experience in land lording, property maintenance, screening tenants, etc. You'd ideally be winning in the "rent savings" department, but also be cash flowing each month. When you don't have to pay rent, you free up cash from your largest monthly expense to go towards other things. A lot of successful investors start this way. PLUS, you're often times able to put low % down due to using an owner-occupant loan.

 If you are absolutely set on fixing & flipping, yeah, it honestly sound really sexy but let me tell you...they can get real ugly real fast if you're not managing the contractors & supplies well, staying on top of timelines, and running your numbers with significant room for error. 

This probably wasn't the answer you were looking for, but hopefully it helps in some way!