Investment Info:Townhouse buy & hold investment in Sunrise.

You can spend hundreds of thousands on large developments that you never buy.

Title insurance and surveys are a must when buying.

Work with a knowledgeable agent to identify suitable properties and navigate the buying process.

(I have a general contractors license in CA) I would say about 4 of them have 100k+ of untapped equity since we never did any cashout refi.Question:Our cash savings currently is about 250k free and clear, My question here is should I give up the IT business, focus on buying 1 house cash, spend my time on rehabbing the house, (guessing 2-4 months is what that would take), do the other RRR parts and build more wealth this way.

LLC orS-Corp.Don't be in the wrong type ofentityFirst – Asset protectionbenefitSecond – Tax savings benefit Rental Real Estate – 1031(same in LLC or personal name)Syndicate - 15% or more in taxsavings, self-employment tax (flippers may use this) Expenses for write off &deductions: equipment & appliances, home-office ($5 per sq ft.), travel costs (related tobusiness), kids (income shifting by payingthem to work for you, meaning business related), membership, conferences &education, meal expenses for business, retirement strategies (selfdirected investing, tax-free or tax deducted, 401K/IRA)depreciation Pro-active Planning / Get a taxadviser Talk to your tax adviser inadvance Fire OutOrganize expenses, listquestions, changes (buy, sell, etc. properties.)Changing entity type from LLC toS-Corp etc.

I think the insurance rates in Houston may be a bit of a challenge now as a buy and hold investor.

It's part of the cleaning cost.We also buy TP in bulk at Sam's club and put out plenty so that our guests don't have to bring any. 

You are asking about markets where you can Buy, Rehab, Rent out, Refinance, and Repeat (BRRRR Method) where you can buy 70% of After Repair Value and under $150,000 with good cashflow.This is my favorite strategy as well.There are several markets in Michigan where you can do this but the market I prefer is Lansing, MI.It is the State capitol, there is always a lot of economic development as a result which creates jobs and demand for housing which keeps rents up and appreciation steady.To Your Success! 

I am living in CDMX right now and has been looking yo buy in the Condessa /Roma Norte area.