If the planets align as I hope I will likely be based around the Plano area (main job, easy routes to airport), but setting up some alerts with some key words is a good call @Sol N.To be honest, until recently I hadn't considered real estate as a real investment, more of a place to live, but after looking at some of the material here I'm beginning to incline towards the multi-family (2plex, 3plex, 4plex) unit-type approach to maximise initial investment, and take advantage of any tax breaks whether now or down the road.

I'm just starting licensing material (I started for the general knowledge and haven't decided if I'll get license - hence my questions) so some of these questions are probably basic to some own licensed.

A person entitled to any premises may recover possession thereof by a proceeding under this chapter after forfeiture of an executory contract for the purchase of the premises but only if the terms of the contract expressly provide for termination or forfeiture, or give the vendor the right to declare a forfeiture, in consequence of the nonpayment of any moneys required to be paid under the contract or any other material breach of the contract.

The Act states that if there is a material noncompliance by the tenant with the rental agreement or provisions in law which materially affect health and safety, the landlord shall give notice of termination to the tenant.

I try to make my scope of work as detailed as possible with type of materials and sub-projects so we are 100% clear on what needs to be included in the bid, so neither of us forget about a big project item and have to add costs for that down the line.

I have plenty of study material and I passed on the first try.

Most people have many beliefs around having a lot of money, positive or negative.I won’t discuss those at the moment.If you are interested, there is a LOT of material on this topic on the internet.What I do want to discuss is this: If you were a multi-millionaire right now, had millions of dollars in assets, what actions would you take every day?

You can decrease expenses by looking for efficiencies (ex. more efficient fixtures and materials to save on water and electricity). 

Your time here will be well spent.Since you mentioned an interest in wholesaling, I added a gude and podcast below to help fine tune your niche.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)https://www.biggerpockets.com/renewsblog/2013/10/31/wholesaling-podcast-mike-nelson/ (BP Podcast 042 - wholesaling)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

- Older homes in need of major repairs- High cost of materials- High cost of labor- Lack of available labor- Uncooperative weather- Strict building codes- Very picky buyers- General distrust of flippers in the area - Large seasonal price fluctuationsOf course, none of those things is a big deal if you can pick up deals at a price that accounts for those factors.