Most of the builder in those rural area dont like to build near austin for the same reason as they say "whatever takes us 6 month here it will take us more than a year there, because of the permits and inspections are time consuming near austin" I am hiring a builde, who is  basically  is subcontracting each stage. we are using my finance loan (Interim loan). in this case we might calling him GC. we call them a builder here, and they are definitely not GC for rehab projects those are different, they only build costume and specs homes and commercials. 

That would consume over half of my cash flow.

I know it's a time consuming process but it's all I have to work with as of now and gives me a good estimate.Looking forward to seeing other's responses!

Hello all,Firstly I would like to say thank you for all of the insight that I have consumed over the last few months while I considered taking the plunge into this incredible field.

Now I do not have large number of rentals and this can be time consuming. 

I used to use the red lined paper but it's very time consuming trying to line up the letters with the lines.That being the case I use blank yellow cardstock paper.

According to The Demand Institute, a research firm focused on consumer demand, Millennials will spend over $600 billion on rent within the next four years.

@Jim Carson,Better Option is Hold for ever... advantages...Tax Saving: If you will sell, you need to pay hefty tax on appreciationTime Saving: you pick lot of properties and that consume lot of time. doing all again will take your time and energy again.Opportunity: we don't know we are on top yet... look at market in Canada, Australia, China, India... appreciation cycle still continue after 15 years. 

Risk can be mitigated in markets that are stable or have modest growth during dips or in sub-market locations that are desirable.  

This is time consuming and I'd like to know who others are using for this effort.