The rent to price ratio's look really good for Texas (as well as compared to national levels) and my models cashflow at 20% down if the rate is at 5% or lower, really at the current rates its more breakeven but there Refi potential over the coming years and there is appreciation upside in my opinion with the new Tom Thumb, HEB, and Target breaking ground this year making Forney a more classic style suburb.

I would think that at the closing table, the owner would have to clear the IRS lien with the sale of the property and then come out of pocket. 

@Becca F.If a 2-3 hour drive is on the table, people are sleeping on Reno in my opinion.

The emphasis was on classic buy - fix - rent.  

You could also get involved with your local REIA and try to partner up with a more experienced investor, depending on what you can bring to the table, in terms of value add. 

The pool table is a great one I have found, especially if you find a nice one on the FB marketplace.

We use company’s data to estimate revenue percentiles, but I still recommend looking at our comps table to Benchmark similar properties and their revenue. 

What I'm going to say is I see people who have experienced success in this arena, analyze many practice deals before they put their money down on the table for a real deal.

Title insurance, settlement fees, and recording fees can vary, so you could request updated estimates as you get closer to the closing date.If you’re expecting to stay under $5,000 out of pocket, double-check the loan estimate to ensure this aligns with your DPA and the amount you're being asked to bring to the table at closing.

When I was in my 20s and 30s, it was easy to get a hotel room or rental home, spot on the beach, table at a restaurant, and traffic was a nonevent.