There is so many ways it can go wrong and being a greater negative for parties involved. 

Are there people in Fort Worth that are actively involved in wholesaling and/or fixing fliping?

While there are fewer native Austinites left, if you find them—especially older residents—they can be an invaluable resource for inside information.Get involved locally: Once the tourists and college students leave for summer or holidays, you’ll realize Austin is still a small town at heart.

Additionally, when comparing whether to build a single family portfolio or a comparable multi-family portfolio, you should also keep in mind the transactional costs involved.

Hello,I am recently get involved with a fix and flip (my first one).

@Meena MallikFrom my experience, securing financing for commercial real estate involves understanding your options, such as conventional loans, commercial loans, private lenders, or partnerships.

However, in emergencies or cases involving health and safety, we would attempt to contact the owner first and, if unsuccessful, proceed with the repair as outlined in the contract.Regarding the hot water heater, do you know if it genuinely needed to be replaced?

I am so excited to be more involved on the BiggerPockets site.

It involves much more than collecting rent or throwing up a Craigslist ad every blue moon.

I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season  @Angelo LlamasI recommend that you find a real estate accountant to help you understand and prepare your taxes.Bigger Pockets is a great place to find a real estate tax accountant.