We currently have new construction duplexes available in and below the $400k price point in Fort, Worth.Additionally, Birmingham, AL is another great market to invest in. 

Do your due diligence now while you have the time, find somebody local in boots on the ground, and make good use of your resources in time available.

We are filling a huge need by having weekly rental available, the unit we just rented was to a contractor who will work in the boat yard for the next 5 months.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

A little to learn, a little to be available to help or answer questions.  

Not only does our CPA do our taxes but he is always available throughout the year to answer tax questions we have which has been helpful. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

The renters noted they had been told very late by the property management company that the other house was available and asked them if it would be ok to stay the night at our house, despite not having water, because it was so late.

You will want to interview at least a couple of realtors and determine what resources they have available for you in several arenas (lenders, contractors, more). 

@Angelo Llamas If your cousin rents out the property, it becomes a rental once it's "placed in service," meaning available for rent, and he must report rental income and expenses on Schedule E.