A couple expense assumptions:Insurance: .6% of market value per year ($1300 to $1700 for garden variety SFH)Repair buffer: $50/moPM: 8% of gross rent + 80% of first months rent HOA: Ranges from $0 to $50/mo.

@Jessica ZolotorofeHello From the Future ;)Ive spoken to a couple title companies, and transactional lenders and I have not heard about double closings/backtoback closings being illegal.

Hey Sai, I am an agent in Cincinnati and Northern Ky, and if you are interested, I would love to see if your preferences fit this market.

You can also horseback with a single family...it's completely a personal preference based on what you are comfortable with.  

Company first, flip a couple homes first, etc.

There might be a couple of exceptions I can think of in DFW area. 

Do not think you can just start an investment company with 15k (that is reserves only on one property).Work for the next couple of years while you all learn and use your skills to help build the foundation of a future company and leverage your relationship with the alumni to see some of his properties and learn.

DSO Trends: Like DSOs, MSOs often prefer continuity for patient retention, but they may be more flexible depending on market dynamics.

The non tax-free portion then qualifies for $500k CG exemption for primary residence for a couple?

I have dozens of clients doing this in New Jersey most of which come from no construction background, they simply use preferred vendors we have in place (not GC's) which lowers renovations cost because there is no middle man.