You then might renovate the property, so it's worth, let's say, $150,000 after 12 months.At the end of the first year you have title to a property worth $150,000 which is serving as collateral on promissory note where you owe about $88,600.

Is it worth moving forward? 

I am seeing good returns in northern suburbs of Fort Worth and Arlington. 

I would figure out how to make it worth their time but that'll give you training on ARV's.

Your time is also worth a lot and if it is a long ways away that makes it harder. 

I'd like to start in the DFW/Fort Worth markets and expand from there. 

A 3BR, 1.5BA in the South End—just the land alone is worth more than $175K.

It’s packed with great insights and worth checking out.Your plan to house hack and scale up is a solid move.

Of course there are nuances and you have to have appropriate lot sizes, but worth looking into.

So if you saw a BEAUTIFUL acre sized horse property on the edge of town that every wanted and every one agreed was worth $1M today.