Quote from @Joe S.: If an agent is involved your chances of having a meaningful conversation with the seller is limited. 

Quote from @Joe S.: Quote from @Audrey Scott: Given the recent market trends, I'd say we're currently in a seller's market.

Quote from @Joe S.: If I didn’t live in Texas, I would probably invest elsewhere due to the exceptionally high taxes. 

I believe you can benefit from his course(s).  

Generally, you can form one of three types of business: a partnership, S-corp, or C-corp.

I’m noticing that rent rates are surprisingly high compared to the somewhat competitive and affordable housing pricing.Single-family homes, some new construction are going for mid 300’s and rent is usually $2500 or higher.

Since there is even less documentation to look at/review with this, pricing is a bit higher than your typical DSCR LTR/STR product, however, there are numerous ways you can structure the deal to make certain the #'s work for you.

Now they got their loan when it was in the low 5's so the numbers are a bit differnt.

(about $20K in profits) I've developed and perfected a strategy to manage these tenants (and I'm a Hilton/Marriott hotel General Manager so its not difficult for me)The only thing(s) that are in our way from scaling quickly is;1) a consistent unlimited supply of tenants looking to rent bedrooms, 2) a partnership with a rental management company (we arbitrage 50% of our homes)3) I guess some capital but really only depending on how quickly we decide to scale.MyRoom is the name of the company, (lazzarapm.com) anyone have any thoughts, recommendations, suggestions on how to achieve this, FAST?

Quote from @Brad S.: What Bill said and:First thing to do is to evaluate the appraised value.