Here are a few other tips. 1) Buy the Right Property - meaning, the house should be set up on the front end for sustainable cash flow and located in the right part of town.

We hope to eventually master the basics and turn our ideas into a sustainable business that will continue to grow into other markets and sectors like multi-family and even commercial.

Most people when starting a business - and flipping is a business - reinvest most/all profits into the business so that it can grow enough legs to sustain itself.

The Central Texas housing market remains strong and continues to move at a demanding pace.”Here are basic stats on single-family home sales for June 2018 for the City of Austin and the greater Austin area:So far, Austin's affordability and housing supply challenges have not reached a level significant enough to cause short-term worries about the market's sustainability.

Although I am lucky to have found a great location as well as a harmonious and sustainable house hack, I don't believe the location is the biggest concern for me in the beginning.

, if you feel you have tried everything you feel you could to rent the place and can't, it may be time to sell, even if you sustain a loss selling it may be less than what you would lose holding on to it.

Ray, think about the long term sustainability as well.

If you can sustain that you should be fine.

Rent rates and property values have increased dramatically over the last 8-10 years and it's not sustainable.

(You can either look for some here on BP or by searching for RE brokerages in DFW via Google). 2) pick a couple from large agencies and a couple from smaller ones to compare3) after speaking to all of them, determine what environment resonated best with you (being in a larger company or a smaller one).