However, he gives you all the real-estate-feel-good info that you can get from biggerpockets and the internet or a book or two for the low little price of $10,000 of your hard earned money (that is better spent on an FHA loan as a down payment on your first owner-occupy multi).

Your time is better spent doing a deal than it is figuring how much money you might make if you did deals.

I'm a computer nerd and spent much of my life doing heads-down work with as few interruptions as possible.

I've spent some time looking in to this and I haven't been able to get a direct answer regarding it.

For those that have already spent some time and $$$ there, what are your experiences and numbers looking like for things such as:Rental/property management feesclosing costs (as percent of transaction)vacancy rates (on and off season)price to rent ratioyoy appreciation$/sqft to build (I know, this is a "it depends" number)Utility issues (water, power, trash, septic, etc.)Anything else that you think would be helpful!

   $10k assignment, yoiu'll have spent at least (AT LEAST)  $3k on the marketing.Best of luck to all, curt

There is obviously growth in Texas, but there is much better money to be spent, with better turnaround, than Texas for a first-timer right now.From Redfin:

@Heather Watkins I prefer to see the posts where the investor is merely contemplating taking the steps you've taken rather than instances where they have already spent unnecessary time and expense on entity formation because we as a BP community can at try to steer the investor in the right direction.

I'm only looking to be a part-time agent as I already have a career in another field, where my time is spent M–F. 

Whatever niche you plan to go into, there is work to do, money to be spent, money to be made, heartaches, headaches, heartbreaks.