@Stanley Bronstein  @Jay HinrichsTen years ago Texas changed CD law so it eliminates almost all the abuses, but still maintains the essential element of allowing people unqualified for financing to purchase a property.The law that accomplishes all of this is astonishingly simple.  

I have a management company ready to assist with the walkthroughs, rehab bids, etc., but we haven't been successful on several offers (various reasons with listing agents). 

Economic theory would also suggest that it would put downward pressure on the supply of housing because the policy decreases the incentive to construct and maintain units.

Im not looking to become the next real estate mogul or set the world on fire but would just like to own a handful of properties to easily maintain and have the passive income and obviously the long term investment itself.  

LMGTFYDid you mean: condotel Search ResultsFeatured snippet from the webcondotelvietnam.com A condo hotel, also known as a Condotel, hotel-condo or a Contel, is a building, which is legally a condominium but which is operated as a hotel, offering short term rentals, and which maintains a Front Desk.

They do their own due diligence, have their own analysts, do their own modeling, create their own PPM, marketing materials, tour the property w/the operator to understand clearly the business plan, making suggestions on strategy, maintain the relationship with the investor base over the entire life cycle of the deal, creating reports, answering questions, managing distributions, K1s, etc. 

Is it more intent focused to lease and maintain the asset, or is there a timeframe needed to hold the property before I can trade up again. 

I would need assistance on drafting leasing agreements, vetting tenants, rent collection etc, etc. 

The issues that would keep me up at night were actually minor to my mentors and they don’t mind providing assistance or guidance.

I definitely need to find a partner regardless of the help for getting this deal going because I've had a recent argument with the missus of the relationship and I'm pretty much alone on this adventure for FI....I've got time all day at work to listen to the info that I want to gain info and knowledge for helping anyone and everyone who wants to know more as long as the info is in audio format then I can learn it and assist or teach anyone else who wants that info.