However, I am worried about the outdated electrical and water systems for safety concerns.

Investors tend to buy where the numbers work best and home buyers buy where they want to live.For buyers in Austin the markets on the edge of the metro are more affordable and growing very rapidly for instance.

I would just speak to an attorney first so you can appropriately conduct business. in the commercial arena small time bird dogs will get cut out most of the time..

That's one of the benefits w/ Carrot is we can help you cut that learning curve and make it easier and faster for you. 

It's because you aren't really reading and taking in the information, you are trying for short cuts to get people to qualify your vision.

I’m worried about liability, safety, and frankly, whether my personal belongings are at risk.I’m in Illinois (but not in Cook County or Chicago, where I know the laws are stricter).

My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Budget : Will have to keep a factor of safety for the current exchange rates of AUD.USD = 0.68 so will cap our budget at 250K- 300K.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!

@Mark DuttonTo manage risk in investing, focus on building a safety net with a $1,300/month surplus.

Question, do you have the diligence to read through them all, Google what you don't understand and then cut & paste what you think will work for your scenario?

What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.