It’s great to see you starting your wholesaling journey here in Houston.

@Derick Jennings Without knowing more about your situation, I'd likely recommend a house hack, a strategy I wish I would have known about when I got started.

Eliminate debt, establish a budget, and save.

From my side as the CFO of a developer, GC, and property manager, I see a 12-24 unit building(s) as the sweet spot to start—big enough for economies of scale, but not so huge you’re drowning in management complexity.Case in point: we’ve recently wrapped up two 12-unit apartment buildings, brand new construction and cash flow ready from day one.

@Jordan Miller most Class A & B rental properties bought since 2021 really don't cashflow from day one.Class B will take 1-3 years to start showing cashflow.Class A, 3-5 years.Current investors keep making the mistake of looking back at deals from 5-10 years ago when prices & interest rates were both a lot lower, but NOT rental rates.

I am starting to learn about real estate investing and are super interested in learning anything and everything about it.

What is the standard process from start to finish so we can eliminate as much risk as possible?

I use buildium which is a good value and I think the integration with tenant turner alone saves triple the hours needed to be worth the cost.

You need to keep in mind that this should be a long term hold at least to a point when you wanna convert back to CAD that you are not losing on conversionWhen i started in 2012 it was like 1.05-1.07 

Talk to your CPA BEFORE you start the process.