If you start small you could either get a property manager which cuts into eventual profits, or convince your wife to help out in terms of managing loosely.

People are finally looking at ways to cut back on expenses and exorbitant housing cost is one of the first places that can significantly have an affect on one's budget.  

I have done projects where I would have been well served to have an architect (but I cut corners).

This growth is fueled by an influx of new residents, particularly from out-of-state buyers attracted by the area's affordability and lower property taxes.

Further, you won't need to rely as much on appreciation and rate cuts to improve the cash flow situation.As others have pointed out, you can't overstate peace of mind.

The rents that the seller pays (discounted) are going to trip up trying to refinance out of hard money as any lender will use the lower amount to qualify thus cutting your loan down to be able to make the rents cover PITI.

Honestly if this is your first deal I would suggest looking for something else that is much easier to cut your teeth on.

NOPE... you gone....If you keep the bad one and let the good one go, the bad one will only poison the next one too... cut out the cancer and be done. 

A lot of these lead sites operate on no upfront cost, but they take a 20-30% cut out of your commission if you close the deal. 

San Antonio has experienced steady economic growth, fueled by a diverse economy including sectors such as healthcare, military, tourism, manufacturing, and an overflow from the Austin market.