Licenses are typically required if you plan to work in a professional real estate role, like as an agent or broker.

My wife and I are out-of-state investors exploring TX.We understand the TX market has been taking a breather but we love the strong fundamentals.

You’re right, those factors (especially healthcare) and job opportunities for my spouse as an OT are just as important.The Midwest has been high on my list, not just for investment potential but also as a place I’m excited to explore.

Focus on neighborhoods near employers or schools, and explore slightly outside Austin for more affordable options. 

Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Or they bring a deal that professional acquisitions teams already know about.

Alternatively, explore a self-directed IRA to invest directly in real estate without triggering taxes or penalties.

A HELOC or home equity loan on your personal home could be a viable option to fund the rehab, but it's always a good idea to chat with a lender to explore all your options and find the best fit for your situation.