I've seen online that the housing market in Dallas is tricky at the moment and that interest rates are expected to remain the same for 2024.

I’m new to reselling so trying to see what info I can get on line, YT, etc. 

So I do believe they are buying right, although I can't speak to how they value at exit.Of course, do your due diligence on any syndicator that you plan to work with, but from what I have seen, Techvestor is the one of the very few (maybe the only) one I have seen actually execute a single family STR syndication.

Great tips. 

Any thoughts/tips?

Of course bidding quickly passed my 30k tap out point.I wanted to see where this thing went so I watched the rest of the auction.

As soon as you start taking refuge in the odds of the bank foreclosing you concede my point.By the way — do you have an interest in getting people to buy subject to, either through a course you offer for consideration, or from property you want to lay off? 

@Nick KnoblachOf course, you should always confirm with your own CPA who is familiar with your situation, but here's a few generalities:- CA taxes residents on worldwide income, so the CA resident will likely be taxed on the entirety of income that he/she receives on his/her CA resident tax return, including his/her share of rental income- CA will likely want to collect tax on all income earned in CA due to CA-sitused real property, so any non-residents in CA should likely be prepared to file a non-resident income tax return in CA to report his/her share of income earned from the CA real property-I'm not familiar with MN rules, but most states generally allow for a credit for taxes paid to another state. 

And of course you must reinvest 100% of the “cash” you receive or it will be taxed. 

Oh one more tip, ask specific questions, like who is going to not say “yeah im great with communication” , be wary of this trap too because you want the PMs to focus on doing their jobs rather than answering 20 emails from each investor each week, time is our most valuable resource please don’t take up too much of it, when you say “yes” to something you are also saying “no” to something else (opportunity costs)Questions to ask:- what is the eviction process like after COVID 19 in your city (ask for details and differences beforehand)- what are the city rental regulations, what is the process to obtain a rental license, how would you rate this city compared to surrounding cities on difficulty with this process and working with landlords- how do you handle late fees and payment plans, if a tenant calls and says they’re going to be 5-9 days late but have been on time for 6 months what is your response- if multis - how do you handle tenant conflicts- why do they work in property management and how did they get there- if you could invest in any city in the state where would you and why (I love this question because it will tell you if they know where the most profitable areas are for investors and ROIs and hidden costs)- how is water/water bills handled in this city