Then you spot “Vinnie’s Beer, Pizza and VCR repair” is paying a 50% interest rate on the money it borrows.  

No-one is successful (outside of occasional tech start-ups) on revenue, especially when you are talking about real estate, a highly leveraged industry, and hospitality, a fairly low margin service industry.  

It looked all very nice, but, I made a comment that there was a lot of windows and it was very easy for people walking by to look insideThe agent told me that windows and open spaces were now industry standard gyms due to safety issues.

(From there find an agency that specializes in the type of project you are looking for, set up Zillow alerts and watch- understand the market you are diving into so you can spot a deal, a good agent should do this for you too!)

What is more lucrative in a Midwest or southern market, with  prices in the $300k’s for STR’s, college football or vacation spots and where.

@Navjeet Singh it sounds like you're making a big mistake and you used a very shady agent (unfortunately it is common in this industry.

Some other neighborhoods like Cudell, the West Eighties, and Bellaire Puritas are nicer in some spots, but might also be worth avoiding if you're only looking for C+ or higher.

I've been at the same job for 3 years now and in the same industry for about 12 years.I do live in the house I own, As far as the HELOC, that was kind of my plan to utilize that as a down payment...ive been reading about the DSCR loans, why do you say I wouldn't be ready for that as a first timer?

Document every aspect of your project to analyze what worked and what didn’t.Networking with other flippers and industry pros can also provide valuable insights.

You’re in the perfect spot to dive into remote real estate investing.