Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

Welcome to the world of real estate!

We've been in Solar for the last 20 years and are just getting started in the rental market long term and maybe short term.

My go/no-go was break even (net 0 cash flow) under the following assumptions: 50% occupied at market rent (based on comparable properties) including 15% of gross rents to maintenance/cap-ex (at 100% occupancy) and utility costs.

What is the best way or platform to find real estate teams?

I was wondering if there are any limitations to getting a 2nd FHA loan as far as what value the 2nd house is compared to the first one.

Hard Money loan How did you add value to the deal?

How did you add value to the deal?

Any tips on how to find them from out of state?

I didn’t want to deal with the Midwest snow/ice or the FL/SE storms.