Our team buys the properties and converts them and manages them so it has been a great learning experience seeing all three phases from taking down a project, renovating the building then managing the lease up.

There are places that are tenant friendly and then there is California which is at another level completely.Have you thought about buying elsewhere? 

I work with agents who know my buying criteria, and they bring deals to me before they hit the public market.

I am starting real estate school soon to get my license but here in Florida I was told I can buy as an investor without. 

You'll still need enough income and DTI ratio to buy another property in a couple years even with this rental income.

Folks having been buying real estate without a Wyoming LLC for a long time......

MattIRA buys a property for 100k and puts 30k to 40k into the property.

I've lost friends and family to substance abuse so it seemed like an opportunity to do some good and make money in the process.I negotiated a sweet deal, and was prepared to buy it myself, but a few of my clients expressed interest and I ended up helping two of them form a partnership.

Worth has tough restrictions, Dallas and Plano I think are both trying to implement restrictions.Where do you want to buy?

The biggest key to a good ROI is getting a good deal when you buy.