I'm not a creative financing guy but this seems like a deal that may work for some other investors.

We didn't have asphalt and sod until we'd been here two months.Then again, this was a home builder, not "a couple of guys" selling a rehab or whatever.

Some people think for sale signs make their neighborhoods look bad.

Since you're a numbers guy, what's your plan to grow that $120k to $5M?  

Thank you guys/ladies for welcoming me.... 

I want to invest so badly but I need to learn a lot more first it seems because it's almost to easy.

I want to invest so badly but I need to learn a lot more first it seems because it's almost to easy.

House hacking wouldn't be bad especially if you have a bunch of buddies out here.

I read another post from a BP member from 2 years ago and he described the whole Harris county auction process and he said the same thing that it was really a mad house, everyone crammed in real tight, auctioneers not speaking loud enough and maybe didnt know what they were doing, people (maybe newbies) bidding up the price to or above retail....just madness.But it is something I'd like to see and more important meet some of the investors, people who are actually buying properties and doing it.I might hook up with the group you were talking about, my only concern is them taking away time from seeing the action and meeting the players, but it might be wise for a first timer to go with someone who can show me the ropes once inside .Bad thing for them is, thanks to BP there really isnt any way i could see myself coughing up any money for information that i can get here for free.

Even if you wanted to save that expense, you should "pay" yourself that amount by allowing for it as part of your expenses.The problem is: a bad Property Manager will cost about the same dollars as a good one - but your expectation of positive investment returns could be reliant on finding/being a "good one"!