I am a nurse and can relate to holding a w2 for insurance and being able to flex my income with shift work.

@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

A special committee was formed last year, and was to hold 6 non-public meetings and then send their finalized recommendations to the commissioners in November.

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I used the proceeds of the primary residence I owned in NC to grow a portfolio of value add buy and hold here in College Station.

It's great to have you with us.. do you think you'll focus more on fix-and-flips or buy-and-holds?

Investment Info:Small multi-family (2-4 units) buy & hold investment in Cleveland.

Investment Info:Single-family residence buy & hold investment.

Hi team, I currently live in Dallas, but only have invested in the midwest with rehabs and buy/holds that I currently rent out.