That’s a powerful goal!

This will allow you to gain valuable experience without overwhelming yourself.Understand the Market: Take the time to research the Houston market thoroughly.

Setting clear expectations upfront with a detailed lease agreement is a must.Consider Property Management: If managing the property starts feeling overwhelming, consider hiring a property management company, even if just for the rented units.

Do one of you have power of attorney to allow you to take over managing the unit?

I’m not a judge but I feel if you send certified mail telling them to either contact the repair person directly or to reach out to you to set up the appointment then you have done everything in your power.

If there’s one thing I’ve learned in my short time as a multifamily investor, it’s that proximity is power.

. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structures (overwhelming and overkill for a newbie in REI)PS.

Having parents co-sign for the loan (if possible) is such a powerful tool that I do not see used enough.You mentioned renting to college students?

I remember when I bought my first investment property..it felt like navigating unchated waters, but it was one of the best decisions I ever made.The BRRRR method is a powerful strategy.

BRRR stands for Buy, Rehab, Rent, Refinance, Repeat, and it's one of the most powerful ways to scale your investment portfolio using leverage.