You can go as low as 10% down and there are programs that allows this for first timers with good credit.3.

Hi Landell, just saw your post from a while back. 

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

Quote from @Justin Kurtz: Hi BP, I just moved to the Abilene TX area and was wondering if anyone had any recommendation for a RE attorney in the area?

Additionally, another neighbor who owns an adjacent parcel has expressed interest in joining the project, contributing their land to the development as well.I believe this could be a great opportunity for all of us, especially as a unique retirement plan for my family and my neighbors.

Thank you for your reply.I found the collections history from another family member.

Most HOAs in this area don't allow short term rentals, only long term tenants. 3) Make sure you have a great team to guide the transaction so nothing gets missed!

This home has been highly operational with high rates of occupancy, bringing in anywhere from $500-$1500 a month in overage beyond our monthly expenses.

What made you interested in investing in this type of deal?

Quote from @Kaleb Johnson: Quote from @Brandon Vukelich: @Kaleb Johnson if you are serious about wholesaling, it is highly recommended that you hire a real estate attorney in your state to help you draft the docs you need, applicable in your state.