Downfalls: Must know your numbers on the asset, trust the investor, and have multiple exits if/when the market softens. 

Just don't quit your day job until you have the level of leads and experience to make a living.

I think personally it makes sense if you're staying at a good rent level and can buy a multifamily house to generate cash flow.

Sorry to be a downer, but trust me when I say that, a few years back I WANTED to invest in Denton, but for now, I'll pass.

I would love to network with other investors of all levels of expertise and possibly find someone who I can partner up with and provide assistance to in their own business in some way in exchange for gaining knowledge and hands-on experience.Whether your new or seasoned please feel free to reach out.

Just depends on how bad it is at purchase (i.e. how much deferred maintenance, what your renovation plan is, etc.).Something else to keep in mind is that if the occupancy rate dips below a certain level (85% to 90%), you cannot qualify for certain loan programs and will have to secure a riskier bridge loan.

You can sign a bare trust at the lawyers for a few hundred bucks to be secure.Unfortunately, if your name is on title, then you need to service the debt. 

I think, however, that your strategy is more of a expert level strat, and not something I could do in the near future. 

Go to a couple of "Opens" houses for sale in the neighborhood and see what level of finish you are competing against.

What happens to the mortgage if I do so using land trust?