I highly doubt he is building homes in Texas from his self imposed exile to Portugal to excape massive litigation that was/is coming his way.He is a marketing guy and receives a commission for referring you to the builder developer who actually owns the properties.. at least that was his SOP in the past. 

I put in a little work developing a high level scope of work, assigning values and 3 resulting estimates so that I can not only determine what I think it will cost but what the best and worst case scenarios likely are.

@Andrew Freed I did a material estimate and on the high side I expect to put around 38k into the rehab.

Its important to know what exactly your goals are when making these moves and see what will make the most sense for you in the long run.When looking for your next deal, I highly recommend my local market of Milwaukee.

I'm graduating High School in a month and I want to get straight into Real Estate, I'm 17 so until I'm 18 I'm unable to get my real estate license (though its not needed in the state of FL for assigning contracts) and I don't have an LLC that would allow me to sign REI documents. 

So, a decent deal is likely to get better over the long run. given the high amount of cash needed for brrrr do you feel it would be better to start with a long term rental as an initial investment that has less risk involved 

Their real costs are in the fill fees and high costs of repairs and maintenance. 

You get the picture 😁

They're an exceptional and highly professional team.

Houses way out in the burbs or in the sticks won’t rent as well or appreciate as fast as those closer to more high-paying jobs.