Just about everywhere in the US uses some version of IRC for its base code and then makes some changes to that as they feel necessary for their locality.

In Phoenix, where I’m based, or in markets like San Antonio, the best realtors do more than just list properties.. they go “driving for dollars” to find oppurtunity, leverage their local networks (probate attorneys, CPAs, divorce attorneys) and carefully analyze each property’s cash flow.

Would it be a good idea to get a real estate license and work in real estate or are there other options to get in Missouri to get real estate experience without a license? 

Determine your maximum allowable offer (MAO) based on your investment criteria.

@Rami Refaeli I am on the Fort Worth side of the metroplex but the company I work for is based in North Dallas.

I say that because every decent legit place I know of in market, yes offers the option of doing just tenant placement, for self-managing. 

Even a single family builds can vary significantly based on site conditions and required structure/design.

At the risk of taking flak here, I'm going to say I've seen a lot of super cute stock tank pools that are low-cost options. 

You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.

The refinance step is where you pull out this equity, typically in the form of a cash-out refinance.Here’s how it works:You refinance the property at its new appraised value (after rehab and renting).You take out a new loan based on that increased value, ideally for the full amount or more than what you originally paid for the property.The goal is to pull out enough money to cover the cost of the original purchase and rehab (or even more, depending on the property’s appreciation).This allows you to recover your initial investment, which can then be used to buy your next property.5.