Texas division of banking (whatever they are called in that state) probably should have done something but appears they didn’tDHS actually is one of the departments that prosecuted criminal financial crimes - most think of them only as border patrol as their major function but they also investigate this type of activityhttps://www.dhs.gov/hsi/investigate/financial-crimeTime will tell if these cases ever go anywhere but for those involved probably just happy someone finally picked up a phone to atleast listen to IRS criminal is another good one to sic on them..

I've read a couple of Brandon Turner's books now and have been getting really into the mindset to start this journey.A couple major items I'm initially thinking of is where to start.

Columbus has become a major tech hub in the midwest with large companies like Intel investing $20 billion, Amazon investing $3.5 billion, Google building 2 new data centers: one in downtown Columbus and the other in right outside of U.S. 33 in Lancaster.I recommend working with an investor-friendly agent who focuses on cold-outreach methods like cold-calling, cold-texting, etc to bring you off-market deals.

And you're right, with our low default rate and the lower price point on 2nds, buying them back is certainly an expense but not a major one.

So one major repair can wipe out a year's worth of profit.

Part of the value of the STR is that we will plan to use this property 4-8 times per year.The property is a few hours from the major metro that I live in, and is a vacation destination for lots of people in my area.

do this just a handful of times and by the time you're 30, you'll have a larger portfolio of rental properties than the vast majority of people.hope this helps.

The majority of the contractors out there dont want to work for flippers .

Spending a couple of hundred dollars can reveal major issues.

Just based off statistics the vast majority of people (nevermind the vast majority of RE investors) will never replace their W2 income w/ RE income.