Yeah the plan is for her to do everything for the rentals, collecting rent, posting houeses for rent in Zillow, evicting tenants, tenant application, etc but I don't know if these would be enough for her to have spent 750 hours a year...

Let's say things go wrong down the road, any profit from the Wrap has been spent of course, the DOS gets called.

I’ve spent time assessing areas locally and identified Richmond, Pearland, Conroe, Montgomery and Katy as prospective areas to invest in.

The combination of its growing tech & healthcare sector, long-term resilience to climate change, and relative affordability makes it an interesting place to start our real estate journey.I spent a big part of my career in hospitality real estate consulting at a Big 4 firm, but I left to explore new opportunities and decided it was finally time to take the leap into real estate investing.

Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another. 

@Chris Kay I spent about $50K on a 3/1 reno about 5 years ago.

We spent $1,000 so we could warn others to not work with this company.Save yourself a lot of time, money, and headaches and work with another broker with better customer service, expertise, and integrity.

When I was younger I spent a large amount on a rehab turned into long term rental, but nearly cleared out all my capital.

It cost us more money than we would have liked to have spent, but we were able to put a house on the market that we were proud of.

I feel my money is best spent building a portfolio of cash flowing units.