I am moving out of my primary residence of 5 years, and transitioning it to a rental property. 

Was the sale smooth with the current owner?

This scenario often allows investors to purchase properties at competitive prices, potentially increasing their return on investment​​ and have smooth investing experience.Quality Education System: With several highly-rated public schools, Katy is an appealing location for families.

@Julie BourdonTo transition from California's challenging real estate market to out-of-state investing, set your goal, keep learning,  choose a market with strong rental demand and gather a team there.

Then I sent emails directly to Clayton Morris inquiring about a finish date and he responded by voice-male that permits were almost completed and that it should be 4 to 6 weeks and it would be "smooth sailing" as he characterized it.The house was never built, I've paid back-property taxes and fines of over Approx $1200...ongoing yard maintenance costs of anywhere from $40+ up to as much a $225 monthly for a vacant lot just to keep the city off my back with fines...etc..Bottom line is.....After having a nearly perfect credit score and credit record of 25+ years, I will be in Bankruptcy court in May, 2019 because I cannot afford the payback of the credit card funding because there is no house built (cash flow) and there is not a single attorney that I contacted who doesn't want $60,000 (up-Front) because they all say they can't do it on contingency because Clayton has so may law-suits against him already that they feel there will be little (if any) money left after all the litigants already in line have been paid.

Start Small: Given your current savings, start with a smaller duplex or triplex to minimize risk.Leverage Your Skills: Your design skills can add significant value to rehab projects, making the properties more attractive to renters.Stay Disciplined: Stick to a strict budget and timeline for your rehabs to control costs and maximize returns.Build a Cushion: Always have a reserve fund for unexpected expenses during rehab and rental periods.By combining your hustle, strategic planning, and leveraging your existing network and knowledge, you can successfully transition into real estate investing and achieve financial freedom.Best of luck, and feel free to reach out with any questions!

I used almost every SMS platform for my clients but I guess Launch Control and Batchleads are running smooth since 2020 for my 5 investors.

We had both sides of the transaction lined up prior so it went smoothly.  

I am also transitioning full-time to real estate so this partnership will see my friends as LPs and me as GP running everything such as finding the deals, rehab, operations, etc. 

Hi, I'm very new to real estate investing and I hope to get connected to people who can help me start on this journey. I'm based in Illinois, but I'm also looking to try to invest out of state.