I was looking at crowdfunding too, but don't know too much about it.The numbers:280k ARV125k purchase50k 3-6 month renohard money loan 150k 10.5% interest, 2.5 pts, 3k in fees (appraisal, app, background, closing, legal, underwriting)cash-out refi 5k closing costs, 70%LTV, 6% = 196k which would cover all of the costs and leave nothing in the deal.short sale, good foundation, and roof, in need of mostly cosmetic work. located 5-minute bike ride from where I went to college (which is notorious for not having enough housing) and a large hospital, 3k/mo rent is very doable and with a 70% cash-out refi, the loan would be like 1200/mo, and another 300 for taxes and insurance. 

Therefore, you can buy deals with tighter margins.But if your goal is to have more freedom and you have the cash reserves to pay other people, you will need deals with larger margins to afford to pay others.Is it doable?

I am not saying it's not doable but it's going to be a leap.

You might not be able to get rents up to $1900, but $1600-1700 is probably doable.

Buying in expensive markets is doable and possible.

After hearing a brief synopsis of the deal he said it "could be do-able." 

With 20k I was thinking homepath also, but I though a 100k home would be doable in Berkley for example.

It's very doable and you'll get your education and see the inside of the business while still making money and paying the bills.

.), selling a home with an uncooperative ex is doable.

I personally think the areas south...Kyle, Buda, San Marcos are very desirable areas because they are within commuting distance to both Austin (ok, it's painful, but still doable) AND San Antonio.