Hope that help.

If you like help structuring this deal differently to give you more leverage, let me know, I've worked with new investors on game plans and seen others start with 90% LTV on their very first deal.

If you prove you have the knowledge to help there, people will DM you without you having to ask.

Firstly I apologize that I do not have any market insights data specifically, but Houston has been a rough market as valuations have pulled back.

It could be helpful to you (lenders will want to see lease agreements) and it is good for the family member (they actually could do a program where them paying rent increases credit). 

Hope it helps.

@Nathan Gesner It's no use helping here.

@Geoff Engel depending on what amount of available cash you are starting with and what you ultimately want to achieve will help determine your path.

In addition to being a lender, I am an investor as well so if you want to give me a call so we can discuss your numbers, I'd love to help you out!

From there it is really just a matter of determining comps, cost to rehab a property, and your timeline.I have helped several investors flip their first home in Austin and learn how to do it effectively.