Residential investing is not rocket science, knowledge is not the issue: there are many good books out there that walk you through every detail you need to know.

But residential re is not passive.  

If I were you and you need to meet the requirement of working under a Broker, just make sure your agreement with the broker allows you to take all your properties with you once you leave, obtain your brokers license and start your own brokerageI would also start looking at software systems and joining the National Association of Residential Property Managers.

There aren’t many residential development companies operating at this level, which reduces competition and risk.

Is this in a residential neighborhood?  

If it is to manage property then hire more people, otherwise focus on what you're good at and hire a company.2) Hardin Realty & Property Management is a good choice because of our experience and specialty working with investors and maximizing ROI.

I know the HOA documents would have information on that, but I'd like to know if there's anything else I can do to confirm that I won't be restricted (with the builder/community) if I turn it into a residential rental one day.Thank you and Happy Holidays!

Hey @Eric Andersen, so there are a lot of regs in the DFW area.https://www.fortworthtexas.gov/short-term-rentalsRentals are not allowed in residential districts: A-#, AR, B, R1, R2, CR, C, D, UR.Dallas recently banned STRs in single family homes but there was an injunction that blocked it.

I assume you currently have a residential mortgage that does not have a pre-payment penalty.

Mixed-use are retail and residential.