I'm not sure how experienced you are in the real estate world but one thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

I'm now interviewing contractors and would love to get any recommendations for people that you've worked with in the area. thanksJoseph

I look forward to meeting amazing people in this community!!

But if there’s one thing I’ve learned over my 20 years in real estate.. especially working deals in markets as varied as Phoenix, Austin, and even San Antonio.. it’s that having the right people in your corner can turn a migraine into a mildly annoying headache.

The people that have success truly understand there will be challenges and keep moving forward when they happen. 

If a unit is $1500 without water and another unit is $1650 because it includes water that Averages $150/month with tenants that are not conserving because the LL pays the water, the $1500 unit will get many more people to look at it when trying to fill the vacancy. 

I saw someone post in a group who I think is a schmuck brag about hitting a specific figure for their training and I just shook my head - like wow - this person is a great sales person and just steals the same lines from the business book about working hard and throwing out some slick slogans - but man oh man - when real estate gets hard people move to being a guru - just look at FB ads right now - many are not funds anymore but how to raise money, how to do X.

However, most people wait at least 6-12 months just in case the IRS doesn't question it.

OOS investing is much harder than you think, very few people have succeeded at scale, usually it fizzles out.

Expect higher turnover as people renting rooms tend to move.