One deal is just the start, with 1 or 2 properties there will be more highs and lows, but once you acquire a handful or more then things even out.

Besides the long investment cycle, you have to know a lot about zoning, development, local politics, irrigation, farming, subsoil conditions, easements, utilities, development costs etc  Don't fall for the idea that just because you bought it at an auction means you've got a deal.The "easiest" land game to get into is to buy buildable infill lots

You never know how much damage the termites have done until you start tearing into walls/floors....can get expensive fast.Location is the only thing that cannot be fixed, and you said this property was in a "really good location". 

This starts early on with preventing what could potentially go wrong by attracting an awesome tenant and looking at what vulnerabilites currently exist in your property.  

Once we hit junior year and started leaving the dorms, we had established ourselves well enough in our college town that we weren't going home for the whole summer anyways.

I started using it as a STR 4 years or so ago.

Hi There,Has anyone started a mortgage servicing business in Texas?

The primary problem is that building a single small unit is near highest development cost.  

Hi, my name is Shad Lorenz and I am a 12 year Army Veteran, 10 year small business owner with a Bachelor’s degree in photography looking to start my journey in Real Estate Investing with my wife Beth Lorenz. 

You may want to try hiring a local handyman that you can email jobs to do and speak with 1-2 times weekly, meet 1-2 times monthly.Most will put on a good show for a few months then either get lazy and cut corners or start raising prices.