Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp  or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

My recommendation to serious real estate investors is buy an opportunity in any segment, do the math (it's all about the ROI; some investors fall for the 'commercial' is more prestigious chest thump to find that losing money isn't very prestigious at all), and plan on proactively running a business. 

Quote from @Kim Scheid: @Travis Biziorek and @Sean O'Keefe, we are looking to start with our first out of state rental and would love to know more about self management.

Quote from @Ericka Parrott: Hi Dylan, I live here in Atlanta.

I've been tracing wholesalers in califonia for months, like nothing other state finding individual wholasalers in califonia is quite challenging I don't know if it's because the house prices are too high compared to other markets.

I locked up my first deal , now im trying to find buyers.

There's a reason that people try to buy properties off-market and that is because you can find sellers who care more about terms than maximizing returns.So start with a conversation: you already presumably have some rapport since it's your landlord and you've spoken before.

I had been thinking about posting in here to see if anyone had any updates and apparently you have.

Investing here 11+ years