Think clown and less tasteful.

I’m looking to invest in a SFH LTR to start with in San Antonio or Austin but I’m afraid of getting something in an over saturated market.

With the cause of the loss probably being a hurricane I would make sure your hurricane/wind deductible isn't insanely high though as sometimes it is a percent of whatever the home coverage is.

But I heard it is not in San Jose, Santa Monica. 

He is overbidding by an insane amount and still losing properties, usually to cash offers.I haven't done research into this for personal real estate purchases so looking for some pros/cons here from my idea.Can you take out a hard money loan to make a cash offer on a personal home.

I too am a Marine Veteran real estate investor here in San Antonio.

I can't imagine what the competition is like today in light of this insane summer market. 

I see you're in San Antonio.

Hi @William Babauta, I'm happy to talk about the BRR-STR strategy in San Antonio.

In San Antonio, I hired reps for this type of thing and the model they told me their previous wholesale company paid was as follows:Acquisition rep responsible for finding their own deal, contracting it for the company, getting it to closing gets 30% of the fee generated by the wholesale.