I purchased a property in the 77003 zip code which is 1.5 miles from downtown.

Quote from @Adzo Hidrissou: Hello, My name is Adzo.

DM me if interested.

Quote from @Ken M.: Quote from @Steve K.: It’s not very common but I have seen this done before.

My weekly podcasts will also help you get a better feel of our market and then might help you learn our market quicker and with more data. 

Quote from @Cooper Meurer: Lately, I have been mulling the idea of selling my primary residence and renting for 1-2 years before we leave the Midland area and move to the Texas Hill Country (surrounding Austin area)Reasoning for this:- I currently have around 120k in equity in my residence and I have a 4.75% interest rate. 

The guru your son is learning this technique from is likely not telling your son that the deal will almost certainly encourage your son to get an "off-market" deal from a "wholesaler" who is unlikely to properly disclose the details of the property or encourage an inspection. 

Quote from @Adrian Lammersdorf-Scioll: Quote from @Rene Hosman: @Sami Gren Happy to help!

Great, I'll put this one in storage (or sell it).The same about the locks.

Quote from @Mark King Sanders: I am now beginning my real estate investment journey.