The BRRRR strategy can also help build your capital base without significant upfront costs.

Please no politics here, just looking for guidance on what may happen based on your insights so I can manage my bsusiness. 

Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project. 

They should be bale to guide you more based on what you are looking for in the area. 

MIchael was kind to share his with me and it made a solid base for the modifications we made - thanks again Michael!

Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this. 

Certainly one account for each LLC, (separate for security deposits based on your local rules)

I would not eliminate OKÇ based on tornadoes, that is why you carry insurance.It will very difficult to find something in Austin that fits your budget.  

Hi Lina -- I'm based in Dallas but wouldn't know the laws for the city and county of Kyle, Texas.

“A new Michigan law bans many landlords from rejecting tenants based on source of income, like housing vouchers, veterans’ benefits or Social Security.Gov.