Hi yall,My name is Kai and together with my wife Anne, we got our first rental property in The Netherlands.We are finding out our (financial) possibilities to start with RE investments in the Austin (TX) - and/or Tampa (FL) area.Currently our focus is on Austin (TX), because we’ll travel to this beautiful city once in a while.

All of you touting the beauty of leverage in real estate are about to get a real good lesson here in the next few years!

It also fits nicely into the affordable housing classification. 100% occupancy and 100% of rents collected in April during the Covid-19 crisis, beautifully recession resistant.

A bit of background I am based in San Francisco and have been investing in multifamily C class assets in Columbus, OH for the last three years.

Purchase price: $169,000 Cash invested: $8,000 Nice Family Home Located In Beautiful Stone Oak Great Kitchen With Island, Built In Microwave, Refrigerator, Plenty of Cabinets* Mahogany Solid Wood Front Door * Beautiful hardwood Flooring* Large master With Huge Walk In Closet* All Bedrooms Are Spacious* Water Softener* Excellent Schools w/ Lopez Middle School Within Walking Distance* Deck Overlooks Fenced Yard With landscaping** Shopping, Restaurants Close By What made you interested in investing in this type of deal?

Purchase price: $149,500 Cash invested: $2,500 Beautiful family home located in the Hidden Oak subdivision.

Background/credit check, income verification, talk to their boss, talk to their last two landlords, collect a security deposit, etc. 2.)

A bit of background - I bought 2 properties out of state using hard money loans last year.

It would be easy for me to say that you should focus on credit score, employment check, background check, etc., but there is nothing that really beats the experience of working with someone who has done this in the past and learning from that individual.  

Maybe ask them to sign an amendment to the lease adding that person so you can do a background and credit check.