Timelines, budgets, quality of finishes, they all need to go well for your exit and if your in bed with a GC that only cares about himself then all those things will not go right for you, but he'll still get his money.People really underestimate the following:1) The cash they need to close and carry the project2) How hard it is to have a GC stick to what they promise3) How long it may take to exit through a sale

Hey Michael, I would be very careful with over leveraging on a deal like this.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

I would invest in a base model Sundance or Jacuzzi brand.  

Mostly due to the fact my spouse and I agreed on her to have zero involvment in any sort of RE investing (and its our home) I think once you have a good 6-12 months of reserve cash (operating expenses for your own life saved as a back up incase things go bad) save enough liquidity to get the ball rolling on your first invesment.

My name is Giovanni, and new to Real Estate Investing.

I don't intend to get into real estate investing or any investing for that matter with the "get rich quick" mentality.

House hacking is the BEST way to get started in real estate investing!

As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

I'm currently with an investment brokerage but my end goal is to be an investor and feel the big shoes my parents are leaving me with!