I did something this week that caused me to reflect a bit on where I started and how far I've come.

Quote from @Edward Barrett: New investor here trying to stay in my local market (Dayton, OH).Since I've started looking for my first deal I've come across a few section 8 properties that seem to pencil, but I'm a bit loath to jump into that kind of deal.

Raising money is all about marketing and sales (not real estate specific) so either hire marketing agency and read sales books, or hop on some LinkedIn courses on marketing and sales.Not sure the legal structure to use: talk to accountants and attorneys.Need deal flow: talk to brokers and go to a lot of networking events.Lending terms: start calling banks and loan brokers.From there, it is all risk mitigation. 

When it’s sold I’ll post the entire journey start to finish with numbers.

Hi @Gil Canfu definitely there are many places in DFW where you can invest in a good rental property.I am not sure where you are at, but if self managed you should start in cities with good proximity to where you live.All the corridor between Princeton to Saginaw has good deals but there are many others things to consider as I mentioned previously.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

The National Association of Realtors says that the average profit on a flip is is $15,000 and takes 6 months from start to sale.  

There's always trade offs when it comes to investing and one of those tradeoffs (if you want to find positive cash flow) is having to be okay with an older house.

I'd feel comfortable investing ~$50k to start off.

Just would like to start building relationships with people In the Phoenix area as well.