Kasan Kelley That land has already been promised/sold to developers.The city would not undertake "de-blighting" of such scale if they had not worked out a deal.Probably.

I want to scale up like you have done and I was wondering how you went about it.

Buy low ($20-45k / unit) and expect to end up with a $40k-$60k unit after renovations that rents for $600-$800/month (depending on location).Do one project at a time until you have the right people to scale up (read -more projects faster) and won't outspend your cash flow from your day job and other rental income.

If you want to scale, you don't want to have your equity sitting dead in the property.  

If you ever plan on amassing a large portfolio, you simply can't scale if you're loosing more and more money the larger you grow.4) True, my shared investments are certainly more complicated.

DarrenFrom an Air Force Retiree and 26+ Year Real Estate Agent / Broker / Small Time Investor.Suggest you scale your area of interest initially to the area you know best (Home Plate) before taking on everything from "Dallas to San Antonio".

I have a couple deals under my belt currently, but still working on my processes and figuring out how to grow into a large scale operation.

There is the potential to force equity that way and scale faster than just using income alone.

We are in the process of scaling and we have plenty of money to throw at these marketing initiatives.

I'm not sure how to evaluate the areas on aefficient rating scale  surrounding these houses?