Mike, the construction loan will only finance 75% of the total.Development costs total $1.9M, so the owner's cash needed is about $475k plus about $50k in opportunity cost and a bit more in misc. bank fees & last min. expenses that the construction loan doesn't incorporate when they're calculating their 75%.So that's why I'm looking for a partner.

I think incorporating this, DISC, Kolbe, and a few other tests can allow us to make perfect hires each time.

Quote from @Erika Albert: I specialize in helping investors purchase STR properties, I've compiled many of the rules and regulations throughout central texas below:Austin: the City of Austin breaks down short term rentals into three types, to learn all about these classifications, check out this previous postno permits are being issued for STRs for single family, investor-owned homes EXCEPT in the following zoning districts: Central Business District (CBD), Downtown Mixed Use (DMU), Planned Unit Development (PUD), General-Retail - Mixed Use (GR-MU), Commercial Services - Mixed Use (CS-MU), Commercial Services - Vertical Mixed Use (CS-V), General Retail - Vertical Mixed Use (GR-V)STR permits are being issued for Type 3, multifamily properties i.e. condos.

Hello BP, I am a new investor, i bought my first property in Las Vegas with a VA loan a couple of years ago and have some equity a long with some cash saved up.I am looking to break into a different market since my goal is to have cash flowing Rental properties incorporating the BRRR method into my strategy.Looking for deals, I have stumbled across auction.com, but it seems risky considering no inspections can be completed beforehand.Does anyone have any tips when taking this route to find a suitable property? 

However, given the rate environment and the necessity to remain cash-flow positive, it may be prudent to incorporate fix-and-flips or wholesales into the investment approach.

We've been in corporate jobs for a long time and of course spent a lot on our education, but we are both ready to leave.  

I have found many of my clients through the years appreciate the brutal honesty I incorporate in our interactions.

Being in corporate sales for the past 10 years I can call 100 people in a day and maybe get 1 person to pick up the phone.

This includes combining the relationship-driven approach of private money lenders with the asset-backed focus of hard money lenders.4.2 Risk Mitigation:The convergence enables lenders to diversify their risk exposure by incorporating elements of both private and hard money lending.

It feels like flipping in Vegas will mean at least several more years of working in Corporate until I can do real estate full-time.