With the high housing market in the past few years, house-hacking and living "rent free" is very tough almost everywhere in the country, especially if you are planning on putting <20% down (higher mortgage payments + PMI).

They also provide guidance on entity selection, tax strategies, and long-term planning, which can save you money and trouble in the long run.

My take: Gather intel on the area (neighborhoods, tenant demand, property management), have a game plan for your numbers (cash flow, maintenance reserves), and adapt as you go.

This is networking, tapping your current list of friends, family, co-workers, other real estate investors, etc.Ideal duration depends on business plan: I, personally, am a fan of long-term fixed rate loans.  

Let them know that there will be routine quality control checks/inspections so that if your third party inspector finds any issues with quality, the GC will be responsible for paying for the correction.These are just some theories that I think will help and plan to implement when I operate out of state flips.

🏡 MASSIVE transformation coming near downtown…🏙️With one of the last areas to develop near downtown, the neighborhood just south of Empower Field will get a massive upgrade 🏟️The stadium district master plan is only 10% done, but will include a mixture of housing options, jobs, game day/special event experiences, and more.When this 58 acre space is developed, it will re-shape the landscape of downtown once again…

I can help you find properties to invest in no matter the budget or exit plan.

Hey :)New young investor, trying to buy my first rental, the game plan is a Section 8 rental in DFW.How can I check the demand for section 8 housing in a specific zip code?

If this is a “large” complex, you contact Tesla and they will help you plan, install, and setup the whole thing.

Best to have another meeting with your team to talk through other exit strategies and game plans.