Many investors run into bottlenecks in deal flow, funding, or renovations when they try to grow without a solid groundwork.

.#2 - Learn how to run comps so you know the value of the property better than anyone. #3 - Have finances in order (i.e) is this going to be bought through conventional, cash, HML, etc.

I'm open to deals that need rehab but I'd rather find something that's up and running and that may only need minor fixes or rent increases.Do you have any property like what I'm looking for?

I'd love to be able to start that way, but it's impossible in my location.Try to run the numbers and see if it makes sense for you, but for most real estate investors, I believe house hacking is the most intelligent/reasonable place to start. 

I bet the rate of Engineers going homeless is all but 0. 

We’ve also found that at least one of the authorities (Jefferson county) started to run some kind of property specific rental comps which can also affect the max they’re willing to pay. 

To live multiple states away and run a string of successful C-class long-distance BRRRRs anywhere in the Rust Belt is practically impossible.

@Owen Wang I applaud your enthusiasm to hit the ground running! 

Real Estate investors are running a business.

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