Newbie Overload

[Jordan Carty]

Hi All,

I'll just jump right in here...

I have around $5500 saved. I am looking to get started and looking to buy a duplex, triplex,  or quadraplex in DFW to house hack.

I have a what i feel is a decent grasp on doing the analysis via calculators etc. I will need to get more comfortable but i am confident in the resources at my disposal (Thanks BP!!).

I may be getting ahead of myself but i was hoping to get an idea of the legalities that are involved with renting. When i listen to the podcasts i hear "I worked with my attorney on this" and i have no idea where to get started with that or how much that costs.

Due to my job i cannot get a RE license as it would be considered a conflict of interest because i work for a builder and i was hoping to get opinions on that aspect as well.

I guess in general the more i listen the more i hear how much i dont know, heck i dont even know what i dont know lol. Are there any tips to get over the fear of the unkown??

Thanks everyone in advance! 

[David Markette]

Welcome @Jordan Carty!  The name of the game is focus.  Find one niche that interests you, and focus on that.... instead of chasing every shiny object that crosses your path.  The "shiny object" syndrome leads to overload.