Quote from @Sofia De Santos Tavarez: Hello, my husband and I are looking to do our first rehab in a different city than where we live (we live in Austin and looking to buy in El Paso), and are wondering how one determines and writes a scope of work and determine what material to buy for what.

I'd also suggest considering a partnership if you feel comfortable with that in order to reduce the risk completely on you. 

Hi I am a current homeowner and want to get a 2nd property for short term rental.I am wondering what would be the best course of action in terms of getting a loan for an investment property.Would you recommend getting a FHA loan or other conventional loan and living in the property for 1 year before renting it out and then renting out our current home or getting an investment loan and start to rent out the investment property?

Even if you already found a PM, happy to aid to your transition with any suggestions or advice.Here for when you need me! 

I’d suggest checking out real estate networking events (local or online) like REIAs or BiggerPockets.

I was wondering about the reputation of Steadily in terms of paying out claims.

Part of my issue was not having a reasonably priced handyman ahead of time and eventually overpaying to just get it done and also inexperience as a manager.With that said, you essentially have two options: very cheap properties in less good areas (you're looking at 100k or less--which you might have trouble getting a good lender for)  or trying to do some sort of house hack (e.g. live in flip, live in rent by the room, multifamily) where you budget will be closer to 200k-300k.Personally, I would not look at real estate until you are maxing out your 401k and IRA, but lots of folks have done significantly better with real estate than stocks and would think I'm crazy for suggesting this.

I would suggest, if you are doing some proforma, keep it 8-10%.

was wondering the same thing ...Originally posted by @Autumn Allen:Relighting this thread, anyone use Freedomsoft (FS) in 2018 or 2019?

Honestly if the property taxes are enough to make the rentals a bad deal I’d suggest selling.