So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I'm still in the learning phase and have read about a hundred different books on FI and personal finance.Looking for any resources that might help me on my way.

I can say there are specific custodians we like to work with who are streamlined and smooth process and some who make the process a lot more labor intensive, and have had two investors using the same custodian and have one tell us we need to complete this form and the same custodian tell their other client that its a different form.

ABL, which is the basis for HML/fix and flip lending, will have different criteria and different focuses than multi-year loans based on cashflow and borrower credit score (long term mortgages).

@Jacqueline Wright  Every auction is different so the first items to check: do they allow financing if you win the auction? 

When investing in high cash-flow markets, I always recommend working with an investor friendly agent so you're able to gain the right insight on the different areas and the risks involved.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Foreclosures there are a whole different thing; buying a house and not paying like that is pretty weird, just like eviction is. 

I’m exploring different neighborhoods and wanted to reach out to the group for some advice.Where do you think the best areas are to invest in Dallas with this budget?

It sounds like every state would be different then.