I am pretty much open to any decent areas in Texas...Here is the criteria though:Property must be income producing after debt serviceProperty shall be 1980's OR newerProperty have minimum 4 units No month-to-month type of tenants...looking for long-term stable tenantsThanks..

Your original plan of owning income producing properties is what I would consider investing.To your question of is rehabbing a good way to start and build up cash.

I have my own portfolio of Detroit rentals, producing up to 18% net yield, as do each of my partners.

Anything that takes away from my commercial brokerage activity to produce a return is a job and not an investment.

Got 25 bird dogs over the weekend, of course I know that all won't produce a lot and two potential partners.

(Which might be hard to do if the lending produces good returns!)

He is going to want someone occupying a desk who will produce income for his business.

My mentor said look for existing income producing properties where I could add some value.

States have various requirements.SEC Regs are complex, understand that the SEC was totally against the law and it is questionable as to what scheme really qualifies as a job producing activity, not defined.

And I do get sign calls not a ton of them but enough to produce a deal or two a year but the no sale contacts may have other needs and have led to other business.