If you just want to build your cash reserves then flipping is the way but just be careful - that too takes a lot of work and research to make sure you don’t lose money.  

The big thing is always focus on protecting the public, disclose, and take care of people.

Please be careful with your posts.

You have many options.I have done the development side before and unless you are experienced, be careful.   

If you do say South Korea it’s a fast process because the above type issues are already taken care of.6.  

Be careful though.  

There are a couple of things that come to mind, if a payment is missed the lender cares, if the servicer goes out of business or misses a substitution of trustee, the lender cares, if the borrower goes to the lender to try to get removed from the loan (usually to buy another house) the lender cares, if the property gets caught up in a bankruptcy or divorce, the court cares and that means the lender gets involved.

Because with an HOA in tow that means your not doing it alone, you have active "partners" who will be taking care of a slew of things so think of it like training wheels. 

If I donated to aids health foundation and they spent the money on rent control instead of aids research or health care, I would be pissed.  

Now, if you listen carefully you will find that he too found some of the same things that others mentioned...no deals in Austin, prices were too high...but then he adjusted his approach and nailed it!