By following these steps, you can successfully execute your first BRRRR investment in the Austin area.Good luck!

Steps involved:1.

Don’t hesitate to take that first step.

@Joshua Herrera congratulations on taking the first step.

So step 1 - call your electric company to start the process and get estimates from them.~ Lindsey

First step would be to talk to the controlling government body about what you can do with it.

Steps 2 & 3 would be the main contributions of a Civil Engineer who is involved. 

I recommend as a first step in your education in this new type of investing - join a Community that is specific to syndication investors.  

This is coming from someone to stepped out of W2 in their early/mid 30s, and I can tell you first hand it's not cheap and anybody that tries this really does not understand the reality of it.To your other questions, cash flow is just a mechanism of leverage nothing less or more.

Short-term rentals are booming right now and offer a great way to generate income quickly.The key is to take that first step, do your research, and believe in your ability to make it work.