If you will be a large equity partner or if you hold the experience to do the deal, the lender will likely want you on as a guarantor.

Investment Info:Other buy & hold investment in Ozark.

Notably, there is often an unfortunate cycle where: (1) current ownership has financial struggles; (2) this requires the current ownership to fire sell or declare bankruptcy; (3) the development suffers as a result; (4) new ownership comes in and tries to fix it; and (5) the cycle repeats.

Hold tight for now and let's see what the final legislation looks like before making any big moves.Any additional questions, feel free to reach out. 

Hey @Abigail King - I'm quite a bit further north here in Chicago, but my friend @Brad Stegall hosts a great meetup in Perioa - consider connecting with him and attending the event.Are you looking to buy & hold or fix & flip?

Yep texas puts a six month hold. 

Buying new constructions and holding them for only 3 to 5 years is an interesting strategy.

. - We plan on holding the property as a long-term rental, and the amortized cost of the repairs is marginal.

-repeat the process every year by acquiring one house every year with the appropriate income qualification

I believe they still hold the record of the most Governors who went to prison.