There are no restrictions preventing out-of-state investors from purchasing rental properties in Texas—these investors enjoy the same opportunities as Texas residents.Additionally, the financing restrictions you mentioned don’t align with reality.

Purchase price: $110,000 Cash invested: $30,000 Hobby Farm On 10 acres2300 sq ft house with 8 out buildings - Large Barn, Animal/hog barn, Mid-size machine shed (2) 25' x 35' / 30' x 50', Large Machine shed 60' x 60', Grainery barn, Entertainment Barn, 3 car garage What made you interested in investing in this type of deal?

Santarelli allegedly purchased from a government auction from the bankruptcy trustee and relaunched online.

If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

Quote from @Laurens Van swol: We are exploring the possibility of purchasing an investment property in Florida.

Purchase properties at a discount that need renovation work to then sell at a higher price profiting at least 15%+ cash on cash returns of all in costs each deal.What is the outcome?

It's been 2.5 years since I purchased my first property and now that everything in my personal life has slowed down I'm back on the horse and ready to find my next investment.

Sandra For transparency purposes, I believe you meant to say that you purchased a turnkey property from Memphis Investment Properties, not Memphis Invest. 

I’m looking for some advice on a fix/flip property that I purchased with two friends almost two years ago.

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.