But it becomes a simple math equation:  $$/month income to replace divided by the average dollars per month per unit owned will equal the number of units you need to own to replace that income and get toward FIRE.  

What are average rents like in your area?

.- You've obtained X contractor estimates averaging at $X.- You've begun creating your own buyer's list to shop the deal around.Most folks will just want to know about the deal for themselves to see if they'd buy it but if you speak with enough people, you may find someone interested in mentoring/partnering.All the best!

Quickbooks is far more than the average investor needs for accounting, and it doesn't do the other 17 tasks a landlord wants like marketing property, tracking maintenance, landlord reports, etc.Software is a common question on BiggerPockets.

Average price in West Houston is around $314k, but wondering if I should look for something in the $250k range.

It's one of the harder markets to find cash flow in, on average, in the US right now, but not the worst.  

pid=2107Houston Real Estate Highlights in July, 2024:-Single-family home sales rose 1.8 percent year-over-year;-Days on Market (DOM) for single-family homes went from 42 to 44 days;-Total property sales were down 2.1 percent with 8,969 units sold;-Total dollar volume increased 4.4 percent to $3.8 billion;-The single-family median price increased 2.9 percent to $350,000;-The single-family average price rose 4.7 percent to a record high of $445,440; -Single-family home months of inventory registered a 4.3-months supply, up from 3.1 months last July;-Townhome/condominium sales continued to decline, falling 19.5 percent, with the median price up 0.7 percent to $221,500 and the average price declined 0.8 percent to $261,123.

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

ThanksWith Tax Liens I can achieve a 16% on average.

NOI averages about $8000. a year so 15 years to get that back in rents.