Quote from @Cameron Fowler: Hey BP Community,I am wanting to get into flipping and I have the construction experience but am lacking the cash or money to fund a deal.

You found the right place for information.

Just saw the news , over 1000 structures destroyed and possibly 28,000 in danger . 

The investors get much more profit out of the property.Recommend having a very open conversation with your FIL, expressing your interest in potentially taking over the property from him.

The city is among a number of nodes for Tesla suppliers popping up throughout the Austin metro as a result of the so-called "Tesla effect" — which is shorthand for the trend of electric vehicle suppliers flocking to the region in response to Tesla's mammoth presence in eastern Travis County, where it has a gigafactory and headquarters.

A manager will roughly cost $100-$150 a month to take over a unit (it could be more or less in your market) and manage the units.

@Raiyan KhanYou can search these forums for vendor recommendations but you can also join a real estate investment club in the area you want to invest and get the same info.

...and the account is closed.

What type of lights do you have that are $250 more than usual (was this over the course of a month)... 

I think I will not let him make this upgrade as a 5 year payoff would require over $100/month additional rent.