There is a time and a place for sub to  no doubt but wholesalers to me are not the time or place.

We’ve found a great option for us in Tennessee with a cabin (currently used as a str) and a mobile home.

The investors that I work with find this much less risky and a much faster way to get to ROI. 

And a debt note is only part of the cost of owning a property; not paying taxes will get a property foreclosed; not paying insurance can present huge exposure to damages.

The investors with the most units and most experience could just as likely be in flip flops and a Jimmy Buffett shirt as jeans and a polo.

-Depending on your gain above, you could get a partial 121 exclusion and a 1031 on the townhouse.

And a big Welcome to BiggerPockets.  

It could be a good choice if you prefer more personal space or want flexibility with different rental terms (like longer stays for remote workers).In general, duplexes are more limited in Austin and can appreciate well, while single-family homes give you future flexibility and a wider tenant pool.

There are two items that you need to completely solve this problem for your rehabs: properly built Design Boards and a Finish Schedule.

It was a 1962, ranch-style house with blocked galvanized pipes and a busted water heater!