You eventually establish your own buyer's list and deal flow and you're an official wholesaler, move to fix/flipping the property yourself, buy/hold some of those and bamm........ your sipping Mia Tias on the beach!

If you control a property through a lease option, can you, after an established amount of time, claim the income from the controlled property in an effort to acquire financing for it?

I live in Leander-- I think we should have REI Group established for North Austin burbs.

I'm planning to start out with entry level fix and flips, 2bd/1ba-3bd/2ba in established neighborhoods.

I started reading and poking around and I would like to get started on helping establish financial freedom for my family!  

Cash flow is created by calculating annual rental income - annual expenses = annual cash flowIf you are buying strictly on a cash flow basis you will eventually need to establish your personal comfortable level of how much risk you are comfortable taking.For example: Class C properties (row homes) are usually better cash flowing than Class A single family home on average.

You may need to have the assignment filed in court so you are the established landlord.

If you already have an LLC established - you can't use that.

But yeah I'm leaning towards if I do this trying to join a really established team as I know a good amount of agents.

You can never know enough, and the more research you do, the more likely you are to discover any issues BEFORE you start a business partnership– Get professional advice on how to set up a partnership agreementIt might be more expensive to have a professional and well established law firm help you with your Partnership agreement, but it will save you time and money down the road in the case of any disagreements.