Please know that I realize it is a huge job and huge learning curve and may very well not make good sense, but I want to do a thorough analysis  to determine that (and also what price it may make sense for).  

I’m in the process of searching for land in the Houston area to then build a 4-plex on it.The plan is to self-fund the purchase & construction, rent the units and cash out with a mortage.I like the idea of serving lower income families and therefore don’t shy away from section 8.This is the first time I do something like this, so I’m throwing it out there in hopes of hearing your thoughts and learning from your experience!

Otherwise, if you prefer not to go through that process, you'll be hit with a 25% tax on your rental income, which can eat into your profits.I also recommend investing in a couple of cameras and a good smart lock for security and monitoring.

@John Clark This could take another year depending on how long the foreclosure process takes around here.

Hello everyone,I'm exploring the idea of integrating an AI chatbot into my real estate business to enhance client interactions and streamline processes.

The whole structure shifts during the process affecting walls and ceilings and roof.

The process required coordination with local authorities and additional time and expense, but resolving it added long-term value and functionality to the property.

@Foley SchmidtWelcome to the community and be ready for a huge amount of information at your finger tips.

This costs you nothing, and it will be your first real action step in the process. 

Heres a great video that help me throughout my process last year.Best,Jamael RomansUnited Mortgage Corp Lender