If anyone is looking for their first investment property, don't hesitate to reach out!  

@Jacob Riddle here's some copy & paste info you  hopefully find helpful!

I'm Pratik Patel, a healthcare professional excited to join the BiggerPockets community.

Jimmy,You need to show (2) years of 1099 SE income in order to use FHA, or traditional financing to get approved for a mortgage.

Determining the cost on something like this is only something you'll be able to find out by talking to the city.

But I will be honest, the rentals I have been added the last 2 years here in DFW have negative cashflowed.

I'm going to be checking my BP more regularly.

Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?

It’s worth double checking to see if it did.

January rent has not been paid to the property owner, as I am sure the lease spells out, but to someone else.