You should have, or you should create an amortization table that shows the actual interest paid on the $650k mortgage for the first 6 months while you lived there.

The meeting starts at 6 pm CST and members and 1st-time guests are free. 

So far the biggest challenges for out of state investments has been finding reliable contractors or help to complete projects on time and under budget.

I'm looking for an experienced contractor to partner with on my first full flip; I own two properties and have done minor renovations to those properties but this is my first full flip with a full rehab so I want someone with experience to assist as I learn the ropes.

For context, I'm based in the SF Bay Area in CA and looking into buying my first OOS rental after house hacking locally for 10 years.

First - Calculate what your expected rate of return is.

•Every time you fill a rental, you open the door to a conversation about full management services.

Breaking even on your first flip isn’t a failure—it’s a valuable learning experience.

I see it all the time, I did it myself moving from Seattle!

The only time I stayed awhile in Amarillo was for a wedding at First Baptist Amarillo which is within a mile of this place.