They have decided to stop the chemo to give her as nice of a life as they can in maybe the 6 months she has left. 

While I would think active investing (you know, wholesaling, flipping, being a landlord) as well as value adding to the property, would deliver a fat check, I would think passive investing would be equally as beneficial, especially for beginners, as well as more opportunity to invest in other markets than the one you reside in.

I think its pretty 'easy' to get a very good budget on everything above the ground because you can in detail, spec everything out for the purpose of getting a development budget number from contractors.

it seems impossible to get the kind of lists like you can in collin, tarrant and denton county. they all allow you to search online or go to the courthouse for more in depth information (wills, testaments etc). i try calling the probate office and i never get an answer, let me know how your experience in dallas county has been!

Hi @Nick Zocher,It's rare that anyone does this, but in theory you can...1) Buy using a normal mortgage, typically a 30 year fixed with a jacked up rate and fat lender credit.2) Not wait six months.3) Do your improvements to make ARV the current actual value.4) Cash out refinance with hard money or a friend or whatever.

She'll haul anything and everything I need for my rehabs, plus she rides like a big fat Camry--comfy.I do not trade in my vehicles every couple of years.  

I agree with @Ro Maga - 203k breathes a big fat hassle, inevitable delays (ask me about lead paint...), and red tape... but it's worth it. 

The Omaha REIA meets monthly on the 1st Tuesday at the Ozone Lounge/Anthony's Steakhouse off of 72nd & F at 6:30 pm.

I hear that you can't meet the 1% rule in Austin anymore, but possibly still can in Houston.

Just a big-big tall fat tree.