But I would rather rent it out so it could be our first/foundational rental property and we can continue to grow our portfolio.We've been looking to rent for a while now but with the local rent pricing it is just as expensive/affordable to purchase your own condo than to rent.

He told us the same thing...he had health problems... 

Are you investing in your local market?

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I found the key is to go into one of the local Secretary of States offices. 

Quote from @Paige Gardner: Does anyone have Any HML recommendations I'm a beginner and want to get started right away but want to weigh my options  Local to your market, happy to connect to help or point you in the right direction.cheers!

In Houston, you can either invest locally or explore strong Texas markets like San Antonio (affordable duplexes, strong job market), DFW suburbs (duplex-friendly zoning, growing economy), or Houston suburbs (Spring, Cypress, The Woodlands for good schools and tenant demand).

Joined a local investment group and got tons of support How did you find this deal and how did you negotiate it?

Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.

Zero in 2024 in Huntsville - which is precisely why we bought zero LTRs in 2024 locally (bought one out of state, and bought a local flip property and one small local commercial property - slowest year since I started REI in 2017).