Quote from @Austin Clarence: Hi Aaaron-WIth DSCR lending you can see a massive spread in pricing and fees.

Partnerships & JV Deals - Partnering with other investor partnership capital partners can spread the risk and enhance deal flow.

Still narrowing things down, so I’d appreciate any recommendations!

I think if you leverage 70% of it you’re going to seriously cut into your cash flow and personally if I was going to have $7M in debt I’d prefer it to be spread over several projects built slowly.

From what I've seen in this area right now, it seems like you'd have a hard time paying market LTR rents and making a good spread. 

If you have narrowed down an area you like research the heck out of it. 

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

To answer your question, I would prioritize someone with similar real estate interests and objectives that would allow me to spread the workload.

I can help you narrow down the best Texas market for you, DM me, and I’ll point you in the right direction!

What is the average spread in the market(s) you are in for flips?