Study what has sold at a solid price and quickly.

Realtor – Someone that understands what an investor is looking for, knows the investing landscape, areas to invest, and is willing/able to show lots of houses before the right purchase is made.3.

From my understanding few lenders loan on just empty land.

LOL  a softer way to say this is if your simply looking to become a landlord this is a very easy subject to read up on and learn and understand U do not need to pay someone to teach it to you. 

We broke everything down into six categories and used those as buckets to simplify our understanding of the business.

I pull pretty solid lists, I find a lot of my deals off market, just thought I could reach more if I have a few full time callers on the phones.While i'm at it, how are you guys finding good deals in today's world?

If you don't understand something, ask the PM to explain.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Both strategies have potential here, so it depends on your goals:Strategy 1 (Duplex) can be a solid choice for building equity and generating cash flow, especially in Austin’s competitive short-term rental market.

Network with local investors to understand what formulas they're using.3.