Until the rates come down to refinance, the key for us is to limit the amount of turnover at the properties. 5K to 10K in rehab basically eats away at several years of cashflow.

He's not a realtor or contractor, he will basically serve as an unbiased voice for me to evaluate with additional photos and videos he'll be taking on my behalf. 

McKinney is probably better, but if you're thinking of the community I'm thinking about on the very far north side of McKinney, it's basically the same issue as Princeton.8.

When I reached out to RETA for help--this is their response--this organization is just a profit maker for developers having difficulty selling their condos ( hard lesson to learn):Pangea requires developers and projects to meet basic criteria before we bring these opportunities to you.

I really liked what I saw and from some basic research, the housing/tenant laws seem to favor the landlord (unlike NYC).

We are not a non-profit org or flipper advocacy group to teach them basics of economics 101 and investment strategies.

I’ve got my down payment ready for a 5% or possibly 10% down, but the lender basically said I need to wait until next year to qualify based on income.I feel stuck.

So many people jumped in thinking it was plug-and-play, only to find out it’s basically running a mini hotel without the staff.The market saturation part is so true too — it feels like the barrier to entry got so low that everyone with a spare room or second home piled in at once, skilled or not.Out of curiosity, have you shifted your own strategy because of the saturation?

Have you actually sourced any deals from this group, or is like the other facebook groups in this area where it is basically agents putting up their MLS listings and random individuals peddling wholesale deals that are not even worth considering? 

Most realtors don't know even know the basics of real estate investing, and this is a tricky one.