I am a newbie in BP, just started listening all the podcasts, fascinated by the community!

Therefore start with the min. requirement your lender will accept and see if that matches up with what your partner is willing to accept.

If there is not one in your area, look for the closest biggest city or consider starting one for your area.3.

5 units+ could be a good place to get started.

You can also start exploring a house hack to utilize the lower DP

Here's a good breakdown of your options for tax collecting starting Feb 1 based on the new regulations.

I started listening to the BiggerPockets podcast in late 2023 and have since heard every episode. 

Platforms like Procore, JobTread, Buildertrend, and FlipperForce have caught my eye, but I want to make sure I’m considering the best fit for my needs.Here’s what I’m looking for in a solution:Cost Estimation: A tool that accurately calculates material and labor costs.Project Oversight: Features to manage tasks, schedules, and budgets efficiently from start to finish.Vendor Integration: Real-time updates on pricing and inventory from suppliers like Home Depot or other suppliers.Material Suggestions: Automation or recommendations based on the rehab’s scope and specifications.Labor Planning: Tools to predict labor hours and staffing requirements for each phase of the project.For those of you who’ve used any of these platforms (or others), I’d love to hear your thoughts:Which software have you found most effective and why?

Quote from @Jamie Parker: Quote from @Luka Milicevic: Quote from @Jamie Parker: Everyone gave great advise, I would not use 70% when you start to get to the granular numbers.

We are considering investing in Houston as foreign investors (from Belgium), our goal is to find and start with a long-term rental single or multi family home.