@Vinny Muli - it is VERY hard but not impossible to get an equity line of credit on a non owner occupied property. 

The lease starts once you close on the property, collect rent, security deposit, etc. 

So, for example, if the 2 weekend abatement would be $900 and you spend $1000 on hotels, space heaters, etc, then send them an itemized statement showing they owe you $100.

I'm in Coppell and Southlake , but travel all over North Texas if you want to meet up.All of the cities you mentioned are probably good targets and where the better action is.Flips are not easy right now, so I would keep open on the 1st one to any and all those cities.

They get a yearly depreciation deduction on their taxes for the house and may have nearly depreciated it to $0.

Pays the rent, in full, on time, every time.2.

@Cameron Chambliss, primarily focus on creating a system for connecting with property owners and sourcing deals rather than establishing your end buyer list.

Getting advice on BP helped me overcome many of the hurdles as a new investor while I started BRRRing.

We’d need to know a bit more about your current loan balance on the house with the 2.25% interest rate.

Congratulations on the fourplex.