But having tenants already can help delay those initial fix ups if any are needed.

I am on Bigger Pockets to learn how to turn my extensive contacts and vast experience in Insurance industry and ministry into a lucrative Real Estate empire one step at a time.

One being that it shows no "skin in-the-game" or initiative.  

So what I'm looking for from you, the greatest RE community, is some guidance on which strategy I should go with, and / or more details about HUD homes.I'd love to connect with people who have:Gone through the process of buying a HUD home (so I could get a step-by-step)An agent that specializes in HUD homes (I've heard too many stories of unqualified agents dropping the ball)Experience in the University Heights market (I've been looking on the west side mostly)Experience with FHA / 203(k) loans (to go over finer details)I would be extremely grateful if anyone could help at all.

Reading through The Ultimate Beginner's Guide to Wholesaling takes you through the steps and how to properly calculate what's needed for your property. 

I have an initial goal of attaining $3,000 per month ($36k annually) in income derived from real estate investments in order to supplement my full-time job.To kickstart this post, I thought I'd ask some questions to the community that I've been pondering over the course of my real estate education:First, market timing: I have the sense that the Dallas market has been on the upswing for the past several years, accelerating even more rapidly since the announcement of several major companies (including Toyota) moving to Plano.  

Your actionable steps in this order: Fix your credit, get out of debt. 

The fact that the ARV is high enough to cash out MORE than the initial investment is a no brainer to keep it.

However, in order to initiate a "rent strike" and not pay rent, at least in Texas, there are specific notification and response windows that have to be met (by the tenant) and failed (by the landlord) before the tenant can take any of this action.If you have your requests and invoices for the efforts to remedy the situations, if the issues named were never reported, and If the report appears retaliatory in intent, you're probably in good shape.

I am about to go from the initial research/education phase of my Rehabbing career into the take action phase but want to get some feedback from the experienced folks on here.