Looking at this property as a long term rental strategy.

This is what makes the hard money to DSCR combo a great one-two punch for the BRRRR Strategy. 

Here are a few high level thoughts for you as a beginner:-Don't lend in second position-Don't do deals with new investors-Don't experiment with new strategies, even with experiences investors- ie, don't jump in to a first development project with someone just because they've flipped 20 houses. 

Visible is part of Verizon and has unlimited data for $20/mo. 

The seller will always retain the equity and would receive annual distributions - and could structure the agreement with an exit strategy that makes them comfortable. 

If you’re not satisfied with your current attorney’s approach, it may be worth seeking a second opinion to explore other strategies or angles you might not have considered.Next, focus on compliance with housing codes and tenant protection agencies like DCF.

Can you provide guidance on how to get started and some effective strategies?

Hi @Charlie Green, I am extremely interested in hearing more about this strategy.

One of the strategies I am strongly considering for my first deal is a multifamily house hack.

Firstly I apologize that I do not have any market insights data specifically, but Houston has been a rough market as valuations have pulled back.