Man, there is very little fun in rehabs themselves unless you have natural predisposition for doing construction.- They are extremely cash intensive.- Given where Austin prices are, they usually require you getting a hard money loan. - They take a long time to complete (and a lot longer if you have have to get permits). - They generate high carrying costs from interest, taxes, insurance, utilities.

You can find vacant homes by driving around town, hiring a bird dog, getting a Investor friendly real estate agent, talk to the mail man, tax collectors office, zoning office, you can even try call utility companies.

Much like wind insurance in FLA and TX went way up because of Hurricanes i can see fire insurance going nuts in these areas as well. lastly were is the man power to all of a sudden rebuild a community that took 30 years to build in the first place..

Kessler,the man credited with coining the term  Creative Real Estate,related how he made $250,000 on his first deal by putting a multi-million dollars commercial property under contract for....$100.

Thanks man, and sorry about that crappy deal.Dan.

Think about give a man a fish/teach him to fish.

@Briana Bean being a handy man is different then being able to oversee a house flip.If he thinks his time is worth less then the cost of hiring someone then go for it.

@joel Hey man I'm soon to be moving to Orlando.

It will take man hours to document existing condition and proposed changes if this was not part of the initial scope. 

There are man y areas you can get a good cash flow, but recomending an area that has %18-22  solid and constant return is almost impossible for me.