The plan: I am identifying on/off market properties that are targets, will do all of the real estate work (listing, showing, advertising, vetting, etc) and will split the cost of the purchase of the home and the material costs for any needed repairs.The contractor will be subbing out portions of the job and be on site mostly full time until the project is completed. 

We want to accommodate this easily.Promoting the furnished rental on various sites, including nurse staffingsites, the MLS, FurnishedFinders, and others.Cost-effective local management to ensure that service issues are handled quickly and efficiently.

., off-street parking, on-site laundry, garage, etc).The ultimate plan is to BRRRR, and I'm able to secure verbal agreement from a couple of relatives and friends for financing.

I do pay 10% and it comes with my manager

This first lien will pay down to about $245,000 thru amortization over the 36 months.

@Glen Wiley yep volume searching definetaly pays off. 

Probably like any market, look where the new construction is happening.Look at what people are buying and what they are willing to pay.See if you can do it better, faster, cheaper and still make money.Then calculate the max you can pay for lots.Then go find lots to build on.I'd probably draw a big circle around DFW and buy on that circle or just outside of it. 

Was hoping to rent out our existing home and use the rent to pay down our new home mortgage faster. 

In my specific case, the tenants pay electricity & gas, but the previous owners were paying for water.

Then I use zillow for applications because the tenant can use that same application with credit and background checks to submit to other landlords for 30 days without paying an additional fee. 3.