But if cash flow is positive from the start - this seems like a good move to get into investing, with a fairly minimal debt/cash outlay and build some equity and semi-passive income.I'll admit - this is new to me, but I'm doing my research.

Been a member for a few months but haven't done an official introduction, hence the "semi-newb".

The shiny tiles you encounter in hospitals and large stores are the product of this frequent scheduled maintenance: daily dry mopping/sweeping, periodic wet mopping, semi-annual stripping and waxing.Do you want to perform this maintenance as a landlord, would your prospective homebuyer?

But it will be certainly Rough to Semi for sure.

Largest employers in Austin by an order of magnitude are state/local government, UT, local school districts and a couple of semi-conductor/high-tech manufacturing facilities. 

I would also add there is not just one right or wrong way either.My intent, which I believe was accomplished, was to show others new or semi experienced, how to make a good name for yourself and how to become successful at this strategy.To answer your specific question, a buyer may not know if you are new or seasoned, but IF you learn your market and the proper ways to get real deals, then when you send them off, the buyers on your list will pay attention simply based on the numbers.

@Troy Patt, I primarily buy new construction,semi-custom, executive homes in top rated school districts.

- either way regardless of the number of tenants, taxes on the property get paid at a frequency determined by whatever city you are in, quarterly, semi annually etc- taxes on profit would just be paid at the end of the year as determined by your tax accountant

I think the difference is 4 years ago and 10 years ago there were no shortage of places for them to rent, whereas now in any semi-vacation destination LTR's only exist when the government legislates in ways that make them exist. 

I put $15k renovation cost in and "flip" it to my personal name for a semi inflated but reasonable price say $105k so it passes bank checks.2) The advantage of this is I basically get my repairs financed too I get 70% of $105k instead of 70% of $80k as in the first method.The downside of this approach is the 3rd party LLC has to pay capital gains tax but I"ll have to pay it eventually when I sell the place anyway.* The goal of this really is to try to think of creative ways to leverage my capital so I can buy more and not just pay cash for properties (highly inefficient).Would welcome any comments on this I've been up all night talking to US banks try to get my financing sorted!