For the owner finance part of it, you'll need a Note and Deed of Trust or Mortgage, again depending on the state you're selling in.

Trust me, the developers tweaked the market data to be able to get the highest rents possible.

@Shiv GettuBring a trusted, experienced general contractor thorough the house.  

I didn't see this last year or I would have responded, it's a great event for someone at any level. 

Someone has done something similar to what I want to do - building new mixed into an existing neighborhood - with five homes all side-by-side that average over $100,000 more than the existing homes in that area.Some of my questions are:Is there reason to be concerned that existing homes in the neighborhood have low values because of their age and condition, keeping in mind I want to build 9 or 10 and raise the level of the neighborhood?

Then keep applying for the top level jobs.  

Once you get some experience and have people you trust, then I think you can do more things from a distance.

This takes time, networking, diligence and a whole lot of trust but it can be done. 

I chose STL as it has many working class areas where rents remain at sustainable levels to cash flow.As our first investment, I looked for SFH that required minor repairs to get rent ready.

pid=1563Houston Real Estate Highlights in August(* asterisk denotes that the “Harvey effect” has been removed): Single-family home sales rose 7.6 percent year-over-year, with 5,844 units sold*;Days on Market (DOM) for single-family homes declined slightly to 49 days;Total property sales jumped 36.8 percent, with 9,978 units sold;Total dollar volume increased 40.1 percent to $2.86 billion;The single-family home median price rose 3.0 percent to $236,870, reaching an August high;The single-family home average price also achieved an August record, rising 1.9 percent to $300,670;Single-family homes months of inventory was at a 4.1-months supply, down from 4.3 months last August and equal to the national level;Townhome/condominium sales rose 12.3 percent year-over-year, with 457 units sold in 2018 compared to 407 one year earlier*;Leases of single-family homes rose 7.6 percent with the average rent up 3.4 percent to $1,926*;Volume of townhome/condominium leases fell 8.6 percent with the average rent up 5.5 percent to $1,639*.