@Jonathan ChanDavid Greene's The One Brokerage will do HELOCs on investment properties.Not affiliated, have worked with them in the past.

I mean, Texas is still a great state because of the amount of jobs, the pay that comes with those jobs, and the cost of housing here as opposed to other places around the country.However, that key word "affordable" actually has a definition to it - and that's 30% of the income shouldn't go towards housing. 

—half the battle is the mindset, and you’ve got that nailed.Start with the basics: understand your market, run the numbers, and don’t be afraid to ask questions.

Quote from @Devin James: Quote from @Jay Hinrichs: for us we do very little marketing we rely on MLS what we do to compete is spend an extra 10k or so per house with upgrades other builders simply wont do..

Hi, I’m Chase Benson, a teacher by profession with a passion for learning and growth.

Also confirm that county maintenance liens are added to the tax debt.Fourth, you can contact your county ordinance department, usually those who handle house condemnations and mowing liens, and provide them with the property tax number, photos of the violation with a complaint from the named neighbor about the risk. 

@Francisco Pineiro To protect yourself when working with contractors:1.Start with a Clear Scope of Work (SOW): Ensure every detail of the project is outlined in writing, including materials, timelines, and deliverables.2.Use Milestone Payments: For a $40K rehab, consider this structure: 10% upfront, 30% at halfway completion, 30% at 75%, and the remaining 30% upon full completion.

I would set up a family trust, if you have a ton of equity maybe you refi the properties into an LLC but if you are locked in with lower rates then I wouldn't touch the ownership piece yet. 

Please feel free to reach out with any questions.

I'm not local to the area, and am not familiar with operating expenses for these types of projects.