I inform her that she has to give me at least 30 day notice (GA law).

I see garbage homes flipping for 500-600k like in 2008, the same that were selling 200k 4 years ago; that's enough of a red flag for me.

Bad for me at the time because they were asking me why on earth would I want to buy an investment property if I didn’t *gasp* own my primary residence?

Unless you think you can make a 60% profit return on your $50k you will come out in the red. 

I was notified of a live stream today at 5pm EST (5 Rental Property Investment Red Flags), I couldn't make it, so I was hoping there was a replay. 

Just text me at my number below and we can schedule time. 

I think this makes the most sense for me at the moment as I have a good construction crew here in Austin at my disposal as well as a few hard money lenders that are willing to help.Thanks again for all the input everyone!

Hello BP family glad to be here. I’m a green newbie to investment RE, but have owned my own home for approximately 9 years. After several years on the bench I’m ready to get in the game and pursue my first rental prop...

Steer clear of sub$50k props, ESPECIALLY IF TURNKEY, because there just simply isn't enough meat on that deal for everyone to get paid, which means someone has cut corners somewhere and he'll end up holding the bag.

If it has meat on the bones for them to make a nice profit( depends on the profit criteria) then they will give you a shot. #1 make sure you have a deal worth having #2 market the deal to REIA's and other places until you find a interested buyer.even if you dont find one for that property in 6months(and the contract falls through after 6 months) you would have gained a lot of knowledge and connections that could help further your goals and career in the business.